2021 Interim Results - Debt Investor Presentation slide image

2021 Interim Results - Debt Investor Presentation

Capital - strong Fully Loaded and Regulatory CET1 ratios Capital ratios - Jun 2021 Total equity Less Additional Tier 1 Deferred tax² Intangible assets and goodwill Foreseeable dividend Expected loss deduction Pension fund asset IFRS 9 Regulatory Addback³ Other¹ items Common Equity Tier 1 Capital Credit RWA Operational RWA Market, Counterparty Credit Risk and Securitisations Other Assets / 10% / 15% threshold deduction Total RWA Common Equity Tier 1 ratio Total Capital ratio Leverage ratio Phasing impacts on Regulatory ratio Bank of Ireland 2021 Interim Results - Debt Investor Presentation Regulatory ratio Fully Loaded ratio (€bn) (€bn) 10.3 10.3 (1.0) (1.0) (0.8) (1.1) (0.5) (0.5) 0.0 0.0 (0.1) 0.0 (0.3) (0.3) 0.4 0.0 (0.5) (0.5) 7.5 6.9 38.9 38.8 4.2 4.2 2.2 2.2 3.8 3.7 49.1 48.9 15.3% 14.1% 20.5% 19.6% 6.5% 6.0% Deferred tax assets - certain DTAs are deducted at a rate of 70% for 2021, increasing annually at a rate of 10% thereafter until 2024 IFRS 9 - the Group has elected to apply the transitional arrangement. The transitional arrangement allows a 100% add-back in 2021 decreasing to 75%, 50%, and 25% in subsequent years 1 Other items includes other capital deductions, principal ones being prudential valuation adjustment, 10%/15% deduction and calendar provisioning deduction ² Deferred tax assets due to temporary differences are included in other RWA with a 250% risk weighting applied 3 The IFRS 9 addback to the Regulatory CET1 was c.80bps at 30 Jun 2021, decreased from c.95bps at 31 Dec 2020 Bank of Ireland 56
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