Investor Presentaiton
Capital
CET1 ratios - June 2018
Regulatory ratio
(€bn)
Fully loaded ratio
(€bn)
Total equity
Less Additional Tier 1
Deferred tax¹
Intangible assets and goodwill
Potential dividend deduction²
Expected loss deduction
Other items³
Common Equity Tier 1 Capital
Credit RWA
Operational RWA
Market, CCR and Securitisations
Other Assets/10%/15% Threshold deduction
Total RWA
Common Equity Tier 1 ratio
Phasing impacts on Regulatory ratio
9.9
9.9
(0.8)
(0.8)
(0.4)
(1.1)
(0.7)
(0.7)
(0.1)
(0.1)
(0.4)
(0.4)
(0.3)
(0.4)
7.2
6.4
36.5
36.5
4.6
4.6
1.7
1.7
3.0
2.8
45.8
45.6
15.8%
14.1%
• Deferred tax assets - certain DTAs are deducted at a rate of 40% for 2018, increasing annually at a rate of 10% thereafter until 2024
• IFRS 9 - the Group has elected to apply the transitional arrangement which on a Regulatory CET1 basis resulted in minimal impact
from initial adoption and will partially mitigate future impacts in the period to 2022. The transitional arrangement allows an 95% add-
back in 2018, decreasing to 85%, 70%, 50% and 25% in subsequent years
Regulatory leverage ratio of 7.2%; Fully loaded leverage ratio of 6.4%
Bank of Ireland Group
'Deferred tax assets due to temporary differences are included in other RWA with a 250% risk weighting applied
2Potential dividend deduction of €75m
3Other items - the principal items being the cash flow hedge reserve, securitisation deduction and 10% / 15% threshold deduction
41View entire presentation