Investor Presentaiton
Ordinary shareholders' equity and TNAV
Movement in ordinary shareholders' equity
Ordinary shareholders' equity at beginning of period
2016
2017
(€m)
8,317
(€m)
8,612
Movements:
Profit attributable to shareholders
799
664
Distribution on other equity instruments - additional tier 1 coupon
(73)
(24)
Dividends on preference stock
(8)
(4)
Available for sale (AFS) reserve movements
(169)
(9)
Remeasurement of the net defined benefit pension liability
167
(113)
Cash flow hedge reserve movement
(4)
(115)
Foreign exchange movements
Other movements
Ordinary shareholders' equity at end of period
Tangible net asset value
(419)
(147)
2
(5)
8,612
8,859
Dec 16
Dec 17
(€m)
(€m)
Ordinary shareholders' equity at beginning of period
8,612
8,859
Adjustments:
Intangible assets and goodwill
(635)
(779)
Own stock held for benefit of life assurance policyholders
11
33
Tangible net asset value (TNAV)
7,988
8,113
Number of ordinary shares in issue at the end of the period (millions of shares)
1,079
1,079
TNAV per share (€)
€7.40
€7.52
Bank of Ireland Group
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