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Investor Presentaiton

Income Statement by Geography (€ mn) CYPRUS RUSSIA UK ROMANIA GREECE FY2014 FY2013 FY2014 FY2013 FY2014 FY2013 FY2014 FY2014 Net interest income 919 834 58 97 31 29 15 1 Net fee & commission income 145 132 17 28 5 5 3 Net FX income/(losses) and net 7 18 0 3 1 1 (2) (1) gains/(losses) from financial instruments Insurance income net of insurance 43 554 57 3 claims Other income (expenses) (4) (19) 2 (0) (0) 4 2 Total income 1.110 1.022 77 128 37 35 17 8 Staff costs (220) (247) (33) (51) (12) (10) (2) (1) Other operating expenses (167) (147) (39) (50) (16) (14) (3) (8) Total expenses (387) (394) (72) (101) (28) (24) (5) (8) Profit before provisions and 723 628 5 27 9 11 12 0 impairments Provisions for impairment (580) (856) (265) (79) (30) (21) (46) (10) Gains on derecognition and changes in expected cash flows on acquired loans 47 27 Impairment of other financial assets and non financial assets (81) (24) (84) (8) Share of profit/(loss) from associates 5 2 I Profit before tax 114 (223) (344) (52) __(21). (10) (34) (18) Tax (4) 3 (14) 7 (1) (1) (1) (5) Profit attributable to non-controlling interests 1 1 59 11 Profit after tax and before one off 111 (219) (299) (34) (22) (11) (35) (23) I items --Bank of Cyprus KOINO WKYпPIW w3 39
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