Income Statement and Eurosystem Funding Review slide image

Income Statement and Eurosystem Funding Review

Income Statement by Geography (€ mn) CYPRUS UK RUSSIA 1Q2015 4Q2014 1Q2015 4Q2014 1Q2015 4Q2014 Net interest income 211 216 8 5 7 10 Net fee & commission income 42 34 1 2 2 2 Net FX income/(losses) and net gains/(losses) from financial instruments (5) 12 0 0 3 (2) Insurance income net of insurance claims 12 Other income (expenses) 12 10 3 (5) 0 0 0 1 Total income Staff costs Other operating expenses 263 267 9 7 12 11 (56) (56) (4) (4) (6) (6) (36) (54) (4) (5) (6) (10) Total expenses (92) (110) (8) (9) (12) (16) I Profit before provisions and impairments 171 157 1 (2) 0 (5) Provisions for impairment (122) (207) (1) (2) (25) (189) Gains on derecognition and changes in expected cash flows on acquired loans 43 30 Impairment of other financial assets and non financial assets (1) (48) Share of profit/(loss) from associates 2 3 ¡Profit before tax 93 (65) 0 (4) (25) (194) Tax (8) 0 (0) (0) 0 (9) Profit attributable to non-controlling interests 0 1 5 43 I Profit after tax and before one off items L 85 (64) 0 (4) (20) (160) Bank of Cyprus KOINO ΚΥΠΡΙ 39
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