Preliminary Group Financial Results for the year ended 2014
2014 overview: BOC Group
FY2014 Cyprus Vs Group performance (€ mn)
95%
95%
90%
1.177
1.114
919
967
97%
725
747
389
430
48
63
41
22
22
114
271%
%
% contribution of
Cyprus operations
■Cyprus operations
42
42
■Rest of operations
■Group
-72
Net interest income Total income
Total expenses
Profit before
provisions and
impairments
Profit/(loss) after tax
and before other
items*
•
Group profitability driven by Cyprus operations
•
•
Profit before provisions and impairments for the Cyprus operations of €725 mn for FY2014, compared
to a Group total of €747 mn for the same period
Profit after tax before restructuring costs, discontinued operations and net profit/ (loss) on disposal of
non-core assets for the Cyprus operations of €114 mn for FY2014, compared to a Group profit of €42
mn for the same period
Cyprus operations are the main engine for Group profitability
* Profit after tax before restructuring costs, discontinued operations and net profit on disposal of non-core
assets
Bank of Cyprus
KOINO
ΚΥΠΡΙ
2235
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