| GROUP INCOME STATEMENT | 2018 (€m) | 2019* (€m) | 2020 (€m) |
|---|---|---|---|
| Net interest income (before ELG fees) | 2,146 | 2,167 | 2,115 |
| Net Other Income | 659 | 669 | 505 |
| Operating income (net of insurance claims) | 2,805 | 2,836 | 2,620 |
| Operating expenses (before Irish Bank Levy) | (1,739) | (1,677) | (1,664) |
| Transformation Investment charge | (113) | (108) | (56) |
| Levies and regulatory charges | (101) | (117) | (125) |
| Impairment of intangible assets and goodwill | - | - | (12) |
| Operating profit before impairment charges | 852 | 934 | 763 |
| Impairments charges on loans and advances to customers | 42 | (215) | (1,133) |
| Share of results of associates and joint ventures | 41 | 39 | (4) |
| Underlying profit / (loss) before tax | 935 | 758 | (374) |
| GROUP PERFORMANCE | 2018 | 2019* | 2020 |
|---|---|---|---|
| Net interest margin (%) | 2.20% | 2.14% | 2.00% |
| Average interest earning assets (€bn) | 99 | 101 | 106 |
| Non-performing exposures (€bn) | 5.0 | 3.5 | 4.5 |
| BALANCE SHEET | 2018 (€bn) | 2019 (€bn) | 2020 (€bn) |
|---|---|---|---|
| Loans and advances to customers | 77 | 79 | 77 |
| Liquid assets | 25 | 27 | 31 |
| Other assets | 22 | 26 | 26 |
| Total assets | 124 | 132 | 134 |
| Customer deposits | 79 | 84 | 89 |
| Wholesale funding | 11 | 11 | 9 |
| Shareholders' equity | 9 | 10 | 9 |
| Other liabilities | 25 | 27 | 27 |
| Total liabilities & Shareholders' equity | 124 | 132 | 134 |
| LIQUIDITY | 2018 | 2019 | 2020 |
|---|---|---|---|
| Liquidity Coverage ratio | 136% | 138% | 153% |
| Net Stable Funding ratio | 130% | 131% | 138% |
| Loan to deposit ratio | 97% | 95% | 86% |
| CAPITAL | 2018 | 2019 | 2020 |
|---|---|---|---|
| Common equity tier 1 ratio – Basel III regulatory rules | 15.0% | 15.0% | 14.9% |
| Common equity tier 1 ratio – Basel III fully loaded | 13.4% | 13.8% | 13.4% |
| Total capital ratio – Basel III transitional rules | 18.8% | 18.6% | 19.2% |
| Risk weighted assets (€bn) | 47.6 | 49.9 | 48.0 |
*Restated to reflect the impact of the voluntary change in the Group’s accounting policy for interest income and expense