| GROUP INCOME STATEMENT | 2019* (€m) | 2020 (€m) | 2021 (€m) |
|---|---|---|---|
| Net interest income (before ELG fees) | 2,167 | 2,115 | 2,219 |
| Net Other Income | 669 | 505 | 725 |
| Operating income (net of insurance claims) | 2,836 | 2,620 | 2,944 |
| Operating expenses (before Irish Bank Levy) | (1,677) | (1,720) | (1,646) |
| Transformation Investment charge | (108) | (56) | (29) |
| Levies and regulatory charges | (117) | (125) | (130) |
| Impairment of intangible assets and goodwill | - | (12) | (1) |
| Operating profit before impairment charges | 934 | 763 | 1,167 |
| Impairments charges on loans and advances to customers | (215) | (1,133) | 194 |
| Share of results of associates and joint ventures | 39 | (4) | 5 |
| Underlying profit / (loss) before tax | 758 | (374) | 1,366 |
| GROUP PERFORMANCE | 2019* | 2020 | 2021 |
|---|---|---|---|
| Net interest margin (%) | 2.14% | 2.00% | 1.86% |
| Average interest earning assets (€bn) | 101 | 106 | 119 |
| Non-performing exposures (€bn) | 3.5 | 4.5 | 4.3 |
| BALANCE SHEET | 2019 (€bn) | 2020 (€bn) | 2021 (€bn) |
|---|---|---|---|
| Loans and advances to customers | 79 | 77 | 76 |
| Liquid assets | 27 | 31 | 50 |
| Other assets | 26 | 26 | 29 |
| Total assets | 132 | 134 | 155 |
| Customer deposits | 84 | 89 | 93 |
| Wholesale funding | 11 | 9 | 21 |
| Shareholders' equity | 10 | 9 | 10 |
| Other liabilities | 27 | 27 | 31 |
| Total liabilities & Shareholders' equity | 132 | 134 | 155 |
| LIQUIDITY | 2019 | 2020 | 2021 |
|---|---|---|---|
| Liquidity Coverage ratio | 138% | 153% | 181% |
| Net Stable Funding ratio | 131% | 138% | 144% |
| Loan to deposit ratio | 95% | 86% | 82% |
| CAPITAL | 2019 | 2020 | 2021 |
|---|---|---|---|
| Common equity tier 1 ratio – Basel III regulatory rules | 15.0% | 14.9% | 17.0% |
| Common equity tier 1 ratio – Basel III fully loaded | 13.8% | 13.4% | 16.0% |
| Total capital ratio – Basel III transitional rules | 18.6% | 19.2% | 22.3% |
| Risk weighted assets (€bn) | 49.9 | 48.0 | 46.2 |
*Restated to reflect the impact of the voluntary change in the Group’s accounting policy for interest income and expense