Investor Presentaiton
Non-core items
Cost of restructuring programme
- Transformation investment costs'
Other restructuring charges²
Gain on disposal of Property
Gross-up for policyholder tax in the Wealth and Insurance business
Investment return on treasury stock held for policyholders
(Loss) / gain on disposal / liquidation of business activities
Tracker Mortgage Examination Review charges
(Charge) / gain arising on the movement in the Group's credit spreads
Bank of Ireland 2018 Results Announcement
FY 2017
(Єm)
FY 2018
(Єm)
(48)
(111)
(48)
(93)
(18)
7
10
(7)
(1)
(5)
(170)
651
(5)
Cost of corporate reorganisation and establishment of a new holding company
Total non-core items
(7)
(226)
(100)
1 Transformation Investment costs of €93 million primarily relate to a reduction in employee numbers (€74 million), programme management costs
(€8 million) and costs related to the implementation of the Group's property strategy (€11 million)
2 Other restructuring charges of €18 million primarily relate to impairment of property, plant and equipment and intangible assets
Bank of Ireland
43
43View entire presentation