Preliminary Group Financial Results for the year ended 2014
UK: Summary Income Statement and Key Indicators
(€ mn))
Net interest income
Net fee & commission income
FY2014 FY2013
4Q2014 3Q2014 2Q2014
1Q2014
31
29
10
9
7
5
5
1
1
1
Net foreign exchange income and (losses)/gains from financial
instruments
1
0
1
Other (expenses)/income
(0)
0
1
(1)
Total income
37
35
55
7
12
10
00
8
Staff costs
Other operating expenses
(12)
(10)
(3)
(3)
(3)
(3)
(16)
(14)
(5)
(3)
(3)
(3)
Total expenses
(28)
(24)
(9)
(6)
(6)
(6)
! Profit before provisions
9
11
(2)
6
2
Provisions for impairment of loans and advances
(30)
(21)
(2)
2
(9)
(21)
Loss before tax
(21)
(10)
(4)
8
(5)
(19)
Tax
(1)
(1)
(0)
(1)
Loss after tax and before restructuring costs and
i discontinued operations
(22)
(11)
(4)
8
(6)
(19)
L
Cost to income ratio
74%
69%
125%
52%
69%
70%
b.p. = basis points, p.p. = percentage points ; 100 b.p. = 1 p.p.
Bank of Cyprus
KOINO
WKYNРIW
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