2018 Credit Presentation
Non-core items
Cost of restructuring programme
- Transformation investment costs'
Other restructuring charges²
Gain on disposal of Property
Gross-up for policyholder tax in the Wealth and Insurance business
Investment return on treasury stock held for policyholders
(Loss) / gain on disposal / liquidation of business activities
Tracker Mortgage Examination Review charges
(Charge) gain arising on the movement in the Group's credit spreads
2018 Credit Presentation
(Єm)
FY 2017
FY 2018
(Єm)
(48)
(111)
(48)
(93)
(18)
7
10
(7)
(1)
(5)
(170)
651
(5)
Cost of corporate reorganisation and establishment of a new holding company
Total non-core items
(7)
(226)
(100)
42
42
1 Transformation Investment costs of €93 million primarily relate to a reduction in employee numbers (€74 million), programme management costs
(€8 million) and costs related to the implementation of the Group's property strategy (€11 million)
2 Other restructuring charges of €18 million primarily relate to impairment of property, plant and equipment and intangible assets
Bank of IrelandView entire presentation