Investor Presentaiton
Ordinary shareholders' equity and TNAV
Bank of Ireland 2018 Results Announcement
Movement in ordinary shareholders' equity
Ordinary shareholders' equity at beginning of period
Movements:
Profit attributable to shareholders
Impact of adopting IFRS 9
2017
(Єm)
2018
(€m)
8,612
8,859
664
620
Dividend paid to ordinary shareholders (2017 dividend of 11.5c per share)
(31)
(124)
Dividends on preference equity interests
(4)
Distribution on other equity instruments - additional tier 1 coupon (net of tax)
(24)
Remeasurement of the net defined benefit pension liability
(113)
129
Debt instruments at FVOCI reserve movements
133
Available for sale (AFS) reserve movements
(9)
(341)
Cash flow hedge reserve movement
(115)
(51)
Foreign exchange movements
Other movements
Ordinary shareholders' equity at end of period
(147)
10
39
8,859
9,243
Dec 17
Tangible net asset value
(€m)
Ordinary shareholders' equity at the end of period
Adjustments:
8,859
Dec 18
(€m)
9,243
Intangible assets and goodwill
(779)
(802)
Own stock held for benefit of life assurance policyholders
33
25
Tangible net asset value (TNAV)
8,113
8,466
Number of ordinary shares in issue at the end of the period
1,079
1,079
TNAV per share (€)
€7.52
€7.85
Bank of Ireland
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