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Auditors

The details of the fees for the services contracted by the companies of the Group in 2012 with their respective auditors and other audit companies were as follows:

Fees for Audits ConductedMillions of Euros
Audits of the companies audited by firms belonging to Deloitte worldwide organization and other reports related with the audits. (*)19.3
Other reports required pursuant to applicable legislations and tax regulations issued by the national supervisory bodies of the countries in which the Group operates, reviewed by firms belonging to the Deloitte worldwide organization3.7
Fees for audits conducted by other firms-

(*) Including fees belonging to annual statutory audits (€15.93 million)

In 2012, other companies in the BBVA Group contracted other services (other than audits) as follows:

Other Services ContractedMillions of Euros
Firms belonging to the Deloitte worldwide organization3.3
Other firms26.9
(*) Including € 1.07 million related to fees for tax services

The services provided by our auditors meet the independence requirements established under Law 44/2002, of 22 November, on Measures Reforming the Financial System and by the Sarbanes-Oxley Act of 2002 adopted by the Securities and Exchange Commission (SEC); accordingly they did not include the performance of any work that is incompatible with the auditing function.

Page updated 13 May 2013

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