Income Statement and Eurosystem Funding Review
Cyprus: Income Statement by business line
(€ mn)
Consumer
Banking
SME
Banking
Corporate International
Banking
Banking
Wealth &
Brokerage &
RRD
Other
Total
Cyprus
Asset
Management
Net interest income
54
18
17
15
2
82
23
211
Net fee & commission income
16
2
2
17
0
3
2
42
Other income (expenses)
1
0
0
2
1
0
6
10
Total income
71
20
19
34
=4
3
85
55
31
263
Total expenses
(29)
(3)
(3)
(7)
(1)
(12)
(37)
(92)
| Profit before provisions and
42
17
16
27
2
73
(6)
171
! impairments
Provisions for impairment
(27)
(5)
(2)
(9)
(1)
(78)
0
(122)
Gains on derecognition and changes
in expected cash flows on acquired
loans
15
5
10
1
(0)
7
5
43
Impairment of other finanial assets
(1)
(1)
Share of profit of associate and
Minority Interest
■ Profit before tax
2
2
30
17
24
19
0
2
0
93
Tax
(2)
(2)
(3)
(2)
(0)
(3)
4
(8)
Profit after tax and before one off
I items
28
15
21
17
1
(1)
4
85
Cost-to-Income ratio
41%
15%
13%
21%
46%
9%
35%
Bank of Cyprus
KOINO
ΚΥΠΡΙ
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