38

Gains / (losses) on derecognition of non-financial assets

The breakdown of this item in the accompanying statement of profit or loss is as follows:

Breakdown of gains / (losses) on derecognition of non financial assets (Millions of euros)

2019

2018

2017

Gains

Losses

Net profit /(loss)

Gains

Losses

Net profit/(loss)

Gains

Losses

Net profit/(loss)

On disposals of tangible assets

85

(36)

49

95

(66)

29

106

(72)

34

Due to sale of investments (Note 16)

1

4

5

9

(608)

(599)

1

(188)

(186)

On disposals of other assets *

1

0

1

99

(5)

94

41

(3)

37

Total

87

(32)

55

203

(679)

(476)

148

(263)

(115)

(*) Corresponds to gains or losses on selling real estate classified as inventories (see Note 20).