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Mexico

Income statement

(Million euros at constant exchange rate)

Mexico 2011 Growth 12M11/12M10
Absolute Percentage
Net interest income 3,827 256 7.2
Gross income 5,550 231 4.3
Operating income 3,539 57 1.6
Income before tax 2,299 92 4.2
Net attributable profit 1,741 89 5.4
1. Local business is driving activity
Mexico. Gross customer lending. Year-on-year change

(As at 31-12-11. Percentage at constant exchange rate)

(1) Including commercial, corporates, real estate developers and government.
Mexico. Customer funds. Year-on-year change

(As at 31-12-11. Percentage at constant exchange rate)

2. Upward trend in net interest income
Mexico. Net interest income

(Million euros at constant exchange rate)

3. Costs in line with growth plans
Mexico. Operating costs

(Million euros at constant exchange rate)

4. Stable risk premium
Mexico. NPA and coverage ratios

(Percentage)

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