Key Figures

GROUP INCOME STATEMENT 2015 (€m) 2016 (€m) 2017 (€m)
Net interest income (before ELG fees) 2,454 2,298 2,248
Eligible Liabilities Guarantee (ELG) fees (10) (20) -
Net Other Income 828 848 801
Operating income (net of insurance claims) 3,272 3,126 3,049
Operating expenses (before Irish Bank Levy) (1,746) (1,741) (1,789)
Core Banking Platforms investment - (41) (111)
Levies and regulatory charges (75) (109) (99)
Operating profit before impairment charges 1,451 1,235 1,050
Impairments charges on loans and advances to customers (296) (178) (15)
Share of results of associates and joint ventures 46 41 43
Underlying profit / (loss) before tax 1,201 1,098 1,078
GROUP PERFORMANCE 2015 2016 2017
Net interest margin (%) 2.19% 2.20% 2.29%
Average interest earning assets (€bn) 108 102 98
Non-performing exposures (€bn) 9.4 8.1 6.5
BALANCE SHEET 2015 (€bn) 2016 (€bn) 2017 (€bn)
Loans and advances to customers 85 78 76
Liquid assets 24 21 24
BOI Life assets 16 17 17
Other assets 6 7 6
Total assets 131 123  123 
Customer deposits 80 75 76
Wholesale Funding 14 14 13
BOI Life liabilities 16 17 17
Other liabilities 12 7 7
Additional Tier 1 security and other 1 1 1
Total liabilities 123 122 122
Stockholders equity 8 8 9
Total liabilities and stockholders equity 131 123  123 
LIQUIDITY 2015 2016 2017
Liquidity Coverage ratio 108% 113% 136%
Net Stable Funding ratio 120% 122% 127%
Loan to deposit ratio 106% 104% 100%
CAPITAL 2015 2016 2017
Common equity tier 1 ratio – Basel III regulatory rules 13.3% 14.2% 15.8%
Common equity tier 1 ratio – Basel III fully loaded 11.3% 12.3% 13.8%
Total capital ratio – Basel III transitional rules 18.0% 18.5% 20.2%
Risk weighted assets (€bn) 51.6  50.5 44.8