Investor Presentaiton
Ordinary shareholders' equity and TNAV
Movement in ordinary shareholders' equity
Ordinary shareholders' equity at beginning of period
2017
(€m)
8,612
H1 2018
(€m)
8,859
Movements:
Profit attributable to shareholders
664
350
Impact of adopting IFRS 9
(113)
Dividends on preference equity interests
(4)
Distribution on other equity instruments - Additional Tier 1 coupon (net of tax)
(24)
Dividend paid to ordinary shareholders
(124)
Remeasurement of the net defined benefit pension liability
(113)
159
Debt instruments at FVOCI reserve movements
(58)
Available for sale (AFS) reserve movements
Cash flow hedge reserve movement
Liability credit reserve movements
Foreign exchange movements
Other movements
Ordinary shareholders' equity at end of period
Tangible net asset value
(9)
(115)
(37)
11
(147)
19
(5)
8
8,859
9,074
Dec 17
Jun 18
(Єm)
(€m)
Ordinary shareholders' equity at the end of period
8,859
9,074
Adjustments:
Intangible assets and goodwill
(779)
(786)
Own stock held for benefit of life assurance policyholders
33
28
Tangible net asset value (TNAV)
8,113
8,316
Number of ordinary shares in issue at the end of the period (millions of shares)
1,079
1,079
TNAV per share (€)
€7.52
€7.71
Bank of Ireland Group
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