The Governor and Company of the Bank of Ireland financials
The Governor and Company of the Bank of Ireland
Country: GB Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
Q2GQA2KF6XJ24W42G291 Financial statements
(EUR, as reported — unscaled; 141 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Operating expenses | €2.43B | €2.09B |
| Operating profit (EBIT) | €1.78B | €1.90B |
| Profit before tax | €1.83B | €1.92B |
| Income tax expense | €320.0M | €334.0M |
| Profit for the year | €1.51B | €1.58B |
| — attributable to owners | €1.51B | €1.58B |
| — attributable to NCI | €0 | €0 |
| Total comprehensive income | €1.90B | €1.54B |
| Cash flow statement | ||
| Cash generated from operations | €2.78B | -€4.73B |
| Net cash from operating activities | €2.67B | -€4.78B |
| Net cash from investing activities | -€557.0M | -€960.0M |
| Purchase of PP&E (capex) | €140.0M | €116.0M |
| Purchase of intangibles | €380.0M | €297.0M |
| Net cash from financing activities | -€1.52B | -€423.0M |
| Dividends paid | €1.50B | €0 |
| Lease liability payments | €57.0M | €44.0M |
| Balance sheet | ||
| Total assets | €161.83B | €155.72B |
| Property, plant & equipment | €811.0M | €800.0M |
| Intangible assets & goodwill | €1.50B | €1.41B |
| Cash & equivalents | €34.17B | €33.64B |
| Total equity | €12.72B | €12.30B |
| — attributable to owners | €12.72B | €12.30B |
| Non-controlling interests | €0 | €2.0M |
| Deferred tax liabilities | €58.0M | €61.0M |
| Derived metrics | ||
| Free cash flow | €2.53B | -€4.90B |
| Return on equity | 11.8% | 12.9% |
| Cash conversion ratio | 1.78× | -3.02× |
| Capex coverage | 19.10× | -41.21× |
| Other reported items | ||
| Adjustments For Decrease Increase In Financial Assets Held For Trading | -€94.0M | -€72.0M |
| Adjustments For Decrease Increase In Loans and Advances To Banks | €109.0M | -€52.0M |
| Adjustments For Decrease Increase In Loans and Advances To Customers | -€1.94B | -€7.83B |
| Adjustments For Decrease Increase In Other Assets | -€1.0M | -€307.0M |
| Adjustments For Decrease Increase In Other Operating Receivables | -€92.0M | €104.0M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -€12.0M | -€56.0M |
| Adjustments For Depreciation and Amortisation Expense | €311.0M | €273.0M |
| Adjustments For Fair Value Gains Losses | -€3.10B | -€2.34B |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | €40.0M | €1.69B |
| Adjustments For Gains Losses On Fair Value Adjustment Investment Property | -€40.0M | -€104.0M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €168.0M | €451.0M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment | €2.0M | €0 |
| Adjustments For Increase Decrease In Deposits From Banks | -€1.39B | -€406.0M |
| Adjustments For Increase Decrease In Deposits From Customers | €2.28B | €294.0M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | €34.0M | €19.0M |
| Adjustments For Increase Decrease In Insurance Reinsurance and Investment Contract Liabilities | €1.53B | €1.64B |
| Adjustments For Increase Decrease In Other Liabilities | €553.0M | €995.0M |
| Adjustments For Increase Decrease In Other Operating Payables | €177.0M | -€53.0M |
| Adjustments For Increase Decrease In Trade and Other Payables | €36.0M | €287.0M |
| Adjustments For Provisions | €231.0M | €17.0M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | €34.0M | €25.0M |
| Cash and Bank Balances At Central Banks | €32.44B | €31.84B |
| Cash Flows From Used In Operations Before Changes In Working Capital | €2.77B | €3.07B |
| Comprehensive Income Attributable To Noncontrolling Interests | €0 | €0 |
| Comprehensive Income Attributable To Owners of Parent | €1.90B | €1.54B |
| Current Tax Assets | €37.0M | €3.0M |
| Current Tax Liabilities | €29.0M | €24.0M |
| Debt Instruments Held | €6.39B | €5.71B |
| Debt Securities | €9.14B | €8.68B |
| Deferred Tax Assets | €546.0M | €808.0M |
| Deposits From Banks | €1.80B | €3.10B |
| Deposits From Customers | €103.35B | €100.39B |
| Derivative Financial Assets | €3.48B | €4.34B |
| Derivative Financial Liabilities | €3.67B | €4.49B |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | €27.0M | €0 |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | €3.0M | €6.0M |
| Dividends Received From Joint Ventures Classified As Investing Activities | €36.0M | €34.0M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -€68.0M | -€38.0M |
| Equity and Liabilities | €161.83B | €155.72B |
| Expense of Restructuring Activities | €57.0M | €20.0M |
| Fee and Commission Expense | €211.0M | €218.0M |
| Fee and Commission Income | €731.0M | €673.0M |
| Finance Income Expenses From Reinsurance Contracts Held Recognised In Profit Or Loss | €36.0M | €94.0M |
| Financial Assets At Fair Value Through Other Comprehensive Income | €3.38B | €3.97B |
| Financial Assets At Fair Value Through Profit Or Loss | €24.01B | €20.91B |
| Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading | €166.0M | €72.0M |
| Gains Arising From Derecognition of Financial Assets Measured At Amortised Cost | €33.0M | €0 |
| Gains Losses On Cash Flow Hedges Net of Tax | -€448.0M | -€297.0M |
| Gains Losses On Exchange Differences On Translation Net of Tax | €138.0M | €25.0M |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | -€1.0M | -€5.0M |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | €107.0M | €425.0M |
| Income Expenses From Reinsurance Contracts Held Other Than Finance Income Expenses | -€25.0M | -€39.0M |
| Income Taxes Paid Refund Classified As Operating Activities | -€109.0M | -€53.0M |
| Increase Decrease In Cash and Cash Equivalents | €533.0M | -€6.20B |
| Increase Decrease Through Transactions With Owners | -€1.48B | -€136.0M |
| Increase Decrease Through Transfers and Other Changes Equity | -€1.0M | €0 |
| Insurance Contracts That Are Liabilities | €16.68B | €15.11B |
| Insurance Finance Income Expenses | €26.0M | €110.0M |
| Insurance Finance Income Expenses From Insurance Contracts Issued Recognised In Profit Or Loss | -€1.54B | -€1.18B |
| Insurance Revenue | €536.0M | €518.0M |
| Insurance Service Expenses From Insurance Contracts Issued | €476.0M | €428.0M |
| Insurance Service Result | €35.0M | €51.0M |
| Interest Expense | €3.17B | €2.65B |
| Interest Paid Classified As Operating Activities | €3.15B | €2.53B |
| Interest Received Classified As Operating Activities | €6.97B | €6.36B |
| Interest Revenue Calculated Using Effective Interest Method | €5.79B | €5.41B |
| Interest Revenue Expense | €3.57B | €3.68B |
| Investment Contracts Liabilities | €9.20B | €7.69B |
| Investment Property | €771.0M | €793.0M |
| Investments In Associates | €133.0M | €108.0M |
| Investments In Joint Ventures | €80.0M | €79.0M |
| Investments In Subsidiaries | €0 | €0 |
| Issued Capital | €1.62B | €1.62B |
| Items In Course of Collection From Other Banks | €114.0M | €126.0M |
| Items In Course of Transmission To Other Banks | €218.0M | €322.0M |
| Lease Liabilities | €366.0M | €404.0M |
| Liabilities | €149.11B | €143.42B |
| Loans and Advances To Banks | €1.74B | €1.91B |
| Loans and Advances To Customers | €82.54B | €79.73B |
| Other Adjustments For Noncash Items | -€33.0M | -€20.0M |
| Other Assets | €1.14B | €1.13B |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | €4.0M | €1.0M |
| Other Comprehensive Income | €395.0M | -€36.0M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | €2.0M | -€12.0M |
| Other Comprehensive Income Net of Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability | €0 | -€14.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | €125.0M | €29.0M |
| Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | -€1.0M | -€5.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | €271.0M | -€28.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Revaluation | -€2.0M | -€6.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | €126.0M | €12.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €269.0M | -€48.0M |
| Other Equity Interest | €1.07B | €975.0M |
| Other Liabilities | €2.77B | €2.54B |
| Other Reserves | €908.0M | €743.0M |
| Proceeds From Issue of Subordinated Liabilities | €499.0M | €0 |
| Proceeds From Sales of Investment Property | €11.0M | €3.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €39.0M | €40.0M |
| Provisions | €235.0M | €58.0M |
| Purchase of Investment Property | €24.0M | €0 |
| Reclassification Adjustments On Cash Flow Hedges Net of Tax | -€450.0M | -€285.0M |
| Reclassification Adjustments On Exchange Differences On Translation Net of Tax | €13.0M | -€4.0M |
| Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | €0 | €0 |
| Recognised Assets Defined Benefit Plan | €997.0M | €692.0M |
| Recognised Liabilities Defined Benefit Plan | €3.0M | €10.0M |
| Reinsurance Contracts Held That Are Assets | €1.45B | €1.41B |
| Retained Earnings | €8.55B | €8.39B |
| Revenue and Operating Income | €4.38B | €4.43B |
| Revenue From Interest | €6.74B | €6.33B |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €34.0M | €25.0M |
| Share Premium | €571.0M | €571.0M |
| Subordinated Liabilities | €1.86B | €1.60B |
| Trading Income Expense | €101.0M | €66.0M |
| Treasury Shares | €0 | €0 |
Methodology
Every line item above is a fact tagged in The Governor and Company of the Bank of Ireland's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.