1. XBRL in Santander Group
Amsterdam, november 6th, 2007
Confidential and Proprietary

2. Index
Quick update on the action items carried out this year towards a Santander Group corporative XBRL reporting framework.
Current problems facing XBRL COREP adoption
Questions and Answers to the next COREP/FINREP XBRL evolution and challenges

3. Corporate Plan – XBRL Projects – Milestone Summary
XBRL Financial Statements
Involved in the SIIF project for XBRL exchange jointly with the Bank of Spain
(Santander) 2005 June
(Banesto) May 2006
(SCF) May 2006
FINREP and Formula information project
Bank of Spain
XBRL Pilot Project internal reporting
Department
mar.2006
Risk information project
Basel II COREP to Bank of Spain
Q3-Q4 2008
2005
2006
2007 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
sep. 2006
XBRL Labs Department.
develop and integrate XBRL components and services.
Corporate XBRL Architecture
First Production Release.
XBRL Conversion
XBRL Validation
Security & Comm. automation services.
nov.2005
XBRL Workshops
Communicate XBRL to the business units.
Corporate XBRL Architecture
2nd Production Release.
XBRL Conversion XBRL Validation Sending automation services.
End User report tracking system
Visualization Services
jun.2006
Corporate XBRL Architecture
The XBRL Reference Architecture for Corporate Reporting is defined.
aug. 2007
Corporate XBRL Architecture
Architecture component design and development.

4. Current Situation. Short Term Strategy.
XBRL international consortium propose as strategy to diffuse the language firstly to the documents with financial information to enlarge it later on to the non financial information
After that the specifications will extend so that all the external financial documents (inside each jurisdiction, to develop extensions to the general or main taxonomy that reflect the particularities of the different activity sectors)
Following the same strategy in the short term, the Santander Group will focus using XBRL for regulatory reporting purpose.
International
XBRL Strategy
External Financial
Information
Internal Financial
Internal Non-Financial
External Non-Financial

5. Technical Solution XBRL Corporate Reporting Platform
First Production Release:
Sending XBRL from the platform server
XBRL Conversion (Proprietary)
XBRL Validation (Proprietary)
XBRL Corporate Repositories
Using the server to control and monitor the information sent to the regulator
Load Taxonomy
Load Map
XBRL
CONVERSOR
Store Instance 3 6
Regulatory Banking
Supervisor
Processing WorkFlow 2 4 5
COMPRESS
SECURITY 1

6. Geographic Scope.
Currently the geographic scope of the project is focused on spanish regulator, the evolution of the platform is being designed to allow other countries to apply to their local regulatory body standards as required in next years.
CC Holding

7. Estados Financieros Públicos
Geographic Scope.
Regulatory reporting based on local supervisor level. Spain, UK, US…
0049 – Banco Santander SCH
Entidades representadas
0011 AllFunds Bank
0036 Santander Investment
0073 Open Bank Santander Consumer
0086 BANIF
0091 Banco de Albacete
Estados Financieros Públicos
1 informe mensual
5 informes trimestrales
2 informes anuales
En Total 34 Informes
al año por entidad
578 informes XBRL al año
0030 – Banco Español de Crédito Banesto
0038 – Banesto Banco de Emisiones
0083 – Banco Alicantino
Establecimientos Financieros (EFC)
0224 – Santander Consumer Finance
8236 – Santander Consumer EFC
4784 – Transolver Finance
8814 – Accordfin España
8490 – Santana Credit
8906 – Santander Factoring y Confirming
4757 – BANSALEASE EFC
4797 – Santander de Leasing EFC

8. Current problems facing XBRL COREP adoption
Each country is adopting/extending COREP framework in a different approach.
This would cause additional efforts in the corporate in order to adapt to each country regulatory requirements. Mapping data between different taxonomies.(reusing reporting information)
The different versions each regulator is using to extend their local taxonomies is an additional issue to be solved in next steps of COREP evolution (supported with the new Versioning specification and software/integration for the reporting platform).
Report/View Oriented taxonomy vs. DataModel oriented taxonomy
COREP approach increase the efforts to render the information reported and to duplicate elements in different reports.
Modularization and Performance issues is advised to improve in next COREP/FINREP versions.

9. Questions and Answers to the next COREP/FINREP XBRL
How is Santander Group XBRL reporting estrategy with COREP?
Santander Group is pushing the XBRL standard at medium speed in order to comply to regulatory requirements in this short term (local spanish regulators at this moment) using a reporting platform
The medium/long term is to evolve the corporate reporting solution, As soon as requirements grow to adapt the IT integrated systems to those needs.
How is accomplish the C-EBS and COREP project according to the regulatory reporting situation?
It is handling the project at enough speed to accomplish the goal.
The complexity of the ellaboration proccess to collect and report the information required is higher than expected.
Simplify the XBRL taxonomy, a real common framework to produce the report once and deliver to any regulators is a goal.
Interoperability and performance is desired to facilitate the IT systems integration

10. Confidential and Proprietary