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Investor Presentaiton

BOI Overview Income Statement¹ Bank of Ireland Group y/e Dec 12 (€m) y/e Dec 13 (€m) y/e Dec 14 (€m) y/e Dec 15 (€m) Jun 16 (€m) Total income Net interest income 1,862 2,646 2,974 3,272 1,587 1,755 2,133 2,358 2,454 1,135 Other income 495 642 653 828 470 ELG fees (388) (129) (37) (10) (18) Operating expenses (1,589) (1,545) (1,601) (1,746) (890) Levies and regulatory charges (49) (31) (72) (75) (62) Operating profit pre-impairment 224 1,070 1,301 1,451 635 Impairment charges (1,769) (1,665) (472) (296) (95) Customer loans (1,724) (1,665) (542) (296) (93) AFS (45) 70 (2) Share of associates / JVs 46 31 92 46 20 Underlying (loss) / profit before tax (1,499) (564) 921 1,201 560 Non core items (679) 44 (1) 31 (3) Statutory (loss) / profit before tax (2,178) (520) 920 1,232 557 NIM 1.25% 1.84% 2.11% 2.19% 2.11% Cost income ratio 85% 58% 54% 53% 56% ¹Figures as reported, with the exception of y/e Dec 13 which includes a €5m reduction in operating expenses relating to IFRIC 21 adjustments 28
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