Deleveraging and Financial Overview
2014 overview: BOC Group
FY2014 Cyprus Vs Group performance (€ mn)
95%
95%
91%
1.110
1.171
919
967
97%
723
745
387
426
48
61
39
22
Net interest income
Total income
Total expenses
Profit before
provisions and
impairments
•
Group profitability driven by Cyprus operations
358%
%
contribution of
Cyprus operations
■Cyprus operations
111
31
■Rest of operations
■Group
-80
Profit/(loss) after tax
and before other
items*
•
•
Profit before provisions and impairments for the Cyprus operations of €723 mn for FY2014, compared
to a Group total of €745 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 €111 mn for FY2014, compared to a Group profit of €31
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
KOINO
Bank of Cyprus
ΚΥΠΡΙ
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