52. Gains (losses) on non-current assets held for sale

52.1 Gains (losses) on non-current assets held for sale not classified as discontinued operations

The main items included in the balance under this heading in the accompanying consolidated income statements are as follows:

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Gains (Losses) in Non-current Assets Held for Sale not classified as discontinued operations	Notes	Millions of Euros
		2013	2012	2011
Gains (losses) on sale of real estate		(25)	(85)	126
Impairment of non-current assets held for sale	16	(602)	(524)	(397)
Gains (losses) on sale of investments classified as assets held for sale (*)		228	(15)	-
Total		(399)	(624)	(271)

(*) Includes the sale of BBVA Panamá (see Note 3).

52.2 Gains (losses) on non-current assets held for sale classified as discontinued operations

The earnings generated by discontinued operations (Note 3) are shown below. The comparative figures have been recalculated to include the operations classified as discontinued.

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Gains (Losses) in Non-current Assets Held for Sale classified as discontinued operations	Millions of Euros
	2013	2012	2011
Interest income/(charges)	3	11	8
Income for companies accounted for using the equity method	8	9	5
Net fee and commission income	210	686	529
Gains/losses on financial assets and liabilities	8	65	(3)
Exchange differences	-	-	-
Other operating income (net)	(8)	(2)	(1)
Total income	222	769	538
Personnel expenses	(51)	(139)	(120)
Other general administrative expenses	(29)	(89)	(86)
Depreciation and amortization	(5)	(10)	(8)
Provisions	(1)	(6)	(2)
Impairment losses on financial assets	-	-	-
Profit (loss) from operations	136	525	323
Gains (losses) on disposal of assets not classified as non-current assets held for sale	2	3	1
Profit (loss) before tax	137	528	324
Income tax	(43)	(136)	(78)
Profit (loss) from discontinued operations (*)	94	393	245
Profit from business sale agreements (**)	1,772
Total	1,866	393	245

(*) Originated until the date of the sale agreement (**) Includes the net profit and profit attributable to non-controlling interests and the impact of exchange/translation differences.