2020 Interim Results
Ordinary shareholders' equity and TNAV
Bank of Ireland 2020 Interim Results
Movement in ordinary shareholders' equity
Ordinary shareholders' equity at beginning of period
2019
(€m)
H1 2020
(€m)
9,243
9,625
Movements:
Profit attributable to shareholders
448
(726)
Dividend paid to ordinary shareholders
(173)
Distribution on other equity instruments - additional tier 1 coupon (net of tax)
Re-measurement of the net defined benefit pension liability
(31)
39
562
Debt instruments at FVOCI reserve movements
26
(40)
Cash flow hedge reserve movement
(5)
11
Foreign exchange movements
Other movements
Ordinary shareholders' equity at end of period
Tangible net asset value
132
(168)
(85)
(2)
9,625
9,231
2019
Jun 20
(€m)
(€m)
Ordinary shareholders' equity at the end of period
9,625
9,231
Adjustments:
Intangible assets and goodwill
(838)
(720)
Own stock held for benefit of life assurance policyholders
30
35
Tangible net asset value (TNAV)
8,817
8,546
Number of ordinary shares in issue at the end of the period excluding treasury shares
TNAV per share (€)
1,074
1,072
€8.21
€7.97
Bank of Ireland
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