Bank of Cyprus Credit Ratings and Financial Position slide image

Bank of Cyprus Credit Ratings and Financial Position

F2 1) 2) 2022 Quarterly Income Statement adjusted under IFRS 171 1Q2022 2Q2022 3Q2022 4Q2022 € mn Net Interest Income Net fee and commission income IFSR 4 71 IFSR 17 71 IFSR 4 74 IFSR 17 IFSR 4 IFSR 17 IFSR 4 IFSR 17 74 89 89 136 136 44 44 50 50 48 48 50 50 Net foreign exchange gains and net gains/(losses) on financial instruments Net insurance result² Net gains/(losses) from revaluation and disposal of investment properties and on disposal of stock of properties Other income Total income Staff costs Other operating expenses Special levy on deposits and other levies/contributions Total expenses Operating profit 6 2 LO 5 1 13 11 12 12 16 11 17 13 15 10 23 10 5 5 2 N 2 4 4 2 2 4 4 5 5 3 3 5 5 Γ 146 137 153 145 172 165 228 215 (50) (47) (50) (48) (46) (44) (44) (42) (36) (34) (37) (35) (35) (33) (45) (42) (10) (10) (7) (7) (10) (10) (11) (11) (96) (91) (94) (90) (91) (87) (100) (95) 50 46 59 55 81 78 128 120 Loan credit losses (12) (12) (11) (11) (13) (13) (11) (11) Impairments of other financial and non-financial assets (5) (5) (8) (8) (7) (7) (13) (13) Provisions for pending litigations, regulatory and other matters (net of reversals) 0 0 (1) (1) (2) (2) (8) (8) Total loan credit losses, impairments and provisions Profit before tax and non-recurring items Tax Profit attributable to non-controlling interests Profit after tax and before non-recurring items (attributable to the owners of the Company) Advisory and other restructuring costs - organic Profit after tax - organic (attributable to the owners of the Company) Provisions/net profit/(loss) relating to NPE sales (17) Restructuring and other costs relating to NPE sales Restructuring costs – Voluntary Staff Exit Plan (VEP) Profit/(loss) after tax (attributable to the owners of the Company) For more details on the transition to IFSR 17, please refer to section F9 of the press release Previously reported as insurance income net of claims and commissions under IFRS 4 - ➢༅༔་hC 8 བྱང྄@ སོ (17) (20) 29 (6) 0 23 (1) 22 ៩ ន ន ន ១៩៩ (20) (22) (22) (32) (32) 35 59 56 96 88 (5) (8) (7) (16) (13) (1) (1) (1) (1) Γ 29 50 48 79 (4) (5) (5) (1) 25 45 43 78 (1) 1 1 (1) (1) 2 (1) (2) (2) 0 NENO 74 (1) 73 2 0 (101) (101) 17 29 29 26 (59) (61) 80 75 53
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