Bank of Cyprus Credit Ratings and Financial Position
IFRS 17 implementation; Adjusted Balance Sheet as at 31 December 2022
Assets (€ mn)
Cash and balances with central banks
Loans and advances to banks
Debt securities, treasury bills and equity investments
Net loans and advances to customers
Stock of property
Investment properties
Other assets
Total assets
Liability and Equity (€ mn)
Deposits by banks
Funding from central banks
Customer deposits
Debt securities in issue
Subordinated liabilities
Other liabilities
Total liabilities
Shareholders' equity
Other equity instruments
Total equity excluding non-controlling interests
Non-controlling interests
Total equity
31.12.2022
(IFRS 4)
IFRS 17
adjustments
9,567
31.12.2022
(IFRS 171)
9,567
205
205
2,704
2,704
9,953
9,953
1,041
1,041
85
85
1,880
(146)
1,734
25,435
(146)
25,289
508
508
1,977
1,977
18,998
18,998
298
298
302
302
1,251
(94)
1,157
23,334
(94)
23,240
1,859
(52)
1,807
220
220
2,079
(52)
2,027
22
22
2,101
(52)
2,049
Total liabilities and equity
25,435
(146)
25,289
51
1)
For more details on the transition to IFSR 17, please refer to section F9 of the press releaseView entire presentation