Income Statement and Eurosystem Funding Review
Income Statement Review
1Q2015 4Q2014
qoq
change
1Q2014
%
yoy
change
%
Net interest income
Other income
Total income
Total expenses
225
225
0%
248
-9%
47
56
-16%
61
-23%
272
281
-3%
309
-12%
(102)
(114)
-11%
(105)
-3%
Profit before provisions and other items 1
170
167
2%
204
-17%
Provisions for impairment of customer loans
(148)
(248)
-40%
(130)
+15%
Gains on derecognition and changes in expected cash flows on acquired loans
Impairments of other financial and non financial assets
43
29
+48%
8
(1)
(57)
-99%
(0)
Share of profit/(loss) from associates
3
-43%
-14%
Profit/(loss) before tax, restructuring costs and discontinued operations
66
(106)
84
-29%
Tax
(9)
(1)
(2)
(Loss)/profit attributable to non-controlling interests
(0)
0
Profit/(loss) after tax from continuing operations²
57
(107)
81
82
-37%
Restructuring costs
(7)
(3)
102%
(5)
79%
Loss from disposal group held for sale/discontinued operations
(21)
(214)
-90%
(46)
-55%
Net loss on disposal of non-core assets
(13)
■ Profit/(loss) after tax
29
(337)
31
-28%
Net interest margin
3,94%
3,81%
+13 bps
3,90%
+4 bps
Cost-to-Income ratio
38%
41%
-3 p.p
34%
+4 p.p
1.
Profit before provisions and impairments, gains on derecognition and changes on expected cash
flows on acquired loans, restructuring costs and discontinued operations.
2.
Profit/(loss) after tax and before restructuring costs, discontinued operations and net profit on
disposal of non-core assets
b.p. basis points, p.p. = percentage
points 100 b.p. = 1 p.p.
Bank of Cyprus
KOINO
ΚΥΠΡΙ
8View entire presentation