Investor Relations Financial
Data Preliminary Results 2007
INCOME STATEMENT
| Consolidated income statement For the year ended 30 September 2007 |
||||
| 2007 | 2006 | |||
| €m | €m | |||
| Interest and similar income | 5,371 | 3,169 | ||
| Interest expense and similar charges | (3,805) | (2,100) | ||
| Net interest income | 1,566 | 1,069 | ||
| Fee and commission income | 177 | 147 | ||
| Fee and commission expense | (16) | (14) | ||
| Dealing profits | 13 | 27 | ||
| Other operating income | 21 | 11 | ||
| Other income | 195 | 171 | ||
| Total operating income | 1,761 | 1,240 | ||
| Administrative expenses | (368) | (311) | ||
| Depreciation | (11) | (7) | ||
| Amortisation of intangible assets - software | (14) | (10) | ||
| Total operating expenses | (393) | (328) | ||
| Operating profit before provisions for impairment | 1,368 | 912 | ||
| Provisions for impairment | ||||
| Loans and advances - specific | (51) | (36) | ||
| Loans and advances - collective | (31) | (30) | ||
| Other - collective | (67) | - | ||
| (149) | (66) | |||
| Operating profit | 1,219 | 846 | ||
| Share of results of joint ventures | 2 | 4 | ||
| Profit on disposal of Isle of Man trust business | 22 | - | ||
| Profit before taxation | 1,243 | 850 | ||
| Taxation | (235) | (192) | ||
| Profit for the year | 1,008 | 658 | ||
| Attributable to: | ||||
| Equity holders of the parent | 998 | 657 | ||
| Minority interest | 10 | 1 | ||
| Profit for the year | 1,008 | 658 | ||
| Basic earnings per €0.16 ordinary share | 134.7c | 93.7c | ||
| Diluted earnings per €0.16 ordinary share | 133.2c | 92.3c | ||
