Investor Presentaiton
Income Statement
Divisional performance
Year ended Dec 18
Retail Ireland
Wealth and Insurance (formerly Bank of Ireland Life)
Retail UK - €
Retail UK - £
Corporate and Treasury
Group Centre & other
Transformation Investment charge
Group
Bank of Ireland 2018 Results Announcement
40
40
Underlying profit/(loss) before
tax and additional gains/(losses)
(Єm)
665
Additional gains/
(losses)
(€m)
Underlying profit/(loss)
before tax
(Єm)
(16)
67
175
7
155
477
(346)
09620
649
67
182
161
486
10
(336)
(113)
(113)
926
9
935
Underlying profit/(loss) before
tax and additional gains
Underlying profit/(loss)
Additional gains
(Єm)
before tax
(€m)
(€m)
700
1
701
117
117
94
9
103
83
8
91
523
22
545
(326)
42
(284)
(104)
(104)
1,004
74
1,078
Year ended Dec 171
Retail Ireland
Wealth and Insurance (formerly Bank of Ireland Life)
Retail UK - €
Retail UK - £
Corporate & Treasury
Group Centre & Other
Core Banking Platforms investment
Group
1 Comparative figures have been restated to reflect the impact of: (i) the reclassification of €7 million of costs from the Transformation Investment
charge (formerly the Core Banking Platform Investment charge) to Operating expenses (before Transformation Investment and levies and
regulatory charges) for 2017. The Transformation Investment charge has been booked in Group Centre for the current and comparative year;
(ii) the Group's decision to re-organise the Wealth and Insurance operating segment (formerly Bank of Ireland Life) to incorporate the Private
Banking and Insurance Services business units which were previously reported within Retail Ireland. This has resulted in an increase of €11
million in the underlying profit before tax of Wealth and Insurance and a corresponding decrease in the underlying profit before tax of Retail
Ireland for 2017; and (ii) the Group's decision to reorganise the Corporate and Treasury segment to incorporate Group Treasury's costs which
were previously reported within Group Centre. This has resulted in a decrease of €8million in the underlying profit before tax of Corporate and
Treasury and a corresponding increase in Group Centre for 2017
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