Investor Presentaiton

BOI Overview Income Statement¹ FY 2013 FY 2014 FY 2015 FY 2016² FY 2017 (€m) (€m) (€m) (€m) (€m) Total income 2,646 2,974 3,272 3,126 3,049 - Net interest income 2,133 2,358 2,454 2,298 2,248 - Other income (net) before additional gains 549 448 591 677 727 - Additional gains 93 205 237 171 74 - ELG fees (129) (37) (10) (20) Operating expenses¹ (1,545) (1,601) (1,746) (1,741) (1,789) Core Banking Platforms investment (41) (111) Levies and regulatory charges Operating profit pre-impairment (31) (72) (75) (109) (99) 1,070 1,301 1,451 1,235 1,050 Net impairment charges (1,665) (472) (296) (178) (15) Share of associates / JVs Underlying (loss) / profit before tax 31 92 46 41 43 (564) 921 1,201 1,098 1,078 Non core items 44 (1) 31 (63) (226) Statutory (loss)/profit before tax (520) 920 1,232 1,035 852 Net interest margin 1.84% 2.11% 2.19% 2.20% 2.29% Cost income ratio³ 58% 54% 53% 57% 62% Cost income ratio (excluding Core Banking Platforms Investment) Dividend per share (proposed) 58% 54% 53% 56% 59% 11.50 Bank of Ireland Group ¹Figures as reported, with the exception of y/e Dec 13 which includes a €5m reduction in Operating expenses relating to IFRIC 21 adjustments 2Comparative figures for 2016 have been restated to reflect the impact of the reclassification of the charges relating to the Central Bank of Ireland's Tracker Mortgage Examination Review as non-core and the impact of the voluntary change in the Group's accounting policy for Life assurance operations 3Cost/income ratio is calculated as operating expenses (excluding levies and regulatory charges) divided by total income 30

View entire presentation