Investor Presentaiton
Wholesale Financial Services
Income Statement
Mar 06
Mar 05
%
€m
€m
Change
Net Interest Income
454
325
40
Other Income
243
278
(13)
Total Income
697
603
16
Operating Expenses
(288)
(240)
20
Impairment Losses
(23)
(38)
(39)
•
Profit Before Tax
386
325
19
PBT - Business Analysis
% PBT
26%
PBT +19%
Excellent profit growth
Corporate Banking +34%
•
Investment in people & new geographies
delivering strong lending growth +35%
Change in loan mix leading to higher
margins
Excellent asset quality
Loan loss charge, 12bps - below
long-term trend
Global Markets +8%
Focus on customer related business
Diversifying earnings by product &
geography
Investment driving cost growth
Mar 06
Mar 05
€m
%
Change
€m
.
Corporate Banking
213
159
34
Global Markets
134
124
8
Other
39
42
(7)
WFS
386
325
19
32
32
Bank of Ireland GroupView entire presentation