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Investor Presentaiton

Cyprus: Summary Income Statement and Key Indicators € mn FY2014 FY2013 4Q2014 3Q2014 2Q2014 1Q2014 Net interest income 919 834 216 216 251 236 Net fee and commission income 145 132 34 35 36 40 Net foreign exchange gains/(losses) and net profits/(losses) on other financial instruments 7 18 12 (10) (1) 6 Insurance income net of insurance claims 43 57 10 9 12 12 Other income/(expenses) (6) (19) 5 (1) Total income 1.108 1.022 267 245 303 293 Staff costs (221) (247) (56) (55) (55) (55) Other operating expenses (168) (147) (54) (38) (40) (36) Total expenses (389) (394) (110) (93) (95) (91) Profit before provisions and impairments, gains on derecognition and changes in expected cash flows on acquired loans, restructuring costs and discontinued operations 719 628 157 152 208 202 Provisions for impairment of customer loans (580) (856) (207) (101) (163) (109) Gains on derecognition and changes in expected cash flows on acquired loans 47 27 30 6 4 7 Impairments of other financial and non-financial assets (81) (24) (48) 1 (34) (0) Share of profit from associates 5 2 3 2 2 I Profit/(loss) before tax, restructuring costs and discontinued i operations 110 (223) (65) 57 16 102 L Tax (45 (Loss)/profit attributable to non - controlling interests 1 1 1 (0) (0) (0) I Profit 7(loss) after tax and before restructuring costs, discontinued I 107 (219) (64) 55 15 101 operations and net profit on disposal of non-core assets Bank of Cyprus KOINO ΚΥΠΡΙ 47
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