These are the main novelties include the new models of Annual Accounts approved for 2021
– Name change: The category of financial instruments “Available-for-sale financial assets” is renamed “Financial assets at fair value through equity”. Therefore, it implies changes in the Balance Sheet, the Income Statement and the Statement of Recognized Income. This denomination affects the Normal Model.
– Modification of the 9th note of the normal model of the memory: This modification is triggered by the NIF-UE 7. It implies changes in some tables of the standardized memory to adapt them to the new denominations of the portfolios. It does not imply changes in the text of the Brief Report, but it does imply a change in a table that has had to be adapted to the name of the financial instrument portfolios.
– Modification of the 13th note of the normal model of the report: This modification implies an update of the standardized memory by not requiring information referring to the sale of goods and provision of services produced by exchange of non-monetary goods and services. On the contrary, the abbreviated memory does not experience changes.
– The obligation to present the COVID19 sheet is maintained: In order to assess the effects of the pandemic and the effectiveness of the policy measures put in place, the COVID19 sheet remains mandatory.
– New balance sheet accounts are created for financial investments, both for the normal model and for the abbreviated model: 2936, 5933, 5934, 5934 and 5936.
– The name of account 133 is changed: «Financial assets at fair value with changes in net worth». This change affects only the normal model.
– New accounts are added to the profit and loss account, for the normal model: 6634 and 7634. This change affects only the normal model.
– Mandatory nature of the declaration of mandatory beneficial ownership, although there have been no changes with respect to the previous statement.
English 
Spanish