IBRC annual report for 2011 - Irish Bank Resolution Corporation ...

Consolidated statement of financial positionAs at 31 December 20112011 2010Note €m €mAssetsCash and balances with central banks 19 100 181Financial assets at fair value through profit or loss- held on own account 20 12 13- held in respect of liabilities to customers under investment contracts 20 194 237Derivative financial instruments 21 1,096 1,936Loans and advances to banks 22 2,306 3,525Assets classified as held for sale 23 392 1,640Available-for-sale financial assets 24 1,332 2,219Promissory notes 25 29,934 25,704Government debt securities at amortised cost 26 947 10,623Loans and advances to customers 27 17,689 24,364Interests in joint ventures 29 57 42Interests in associates 29 99 -Intangible assets - software 31 10 16Investment property- held on own account 32 88 217- held in respect of liabilities to customers under investment contracts 33 1,130 1,193Property, plant and equipment 34 18 19Current taxation 21 91Retirement benefit assets 11 8 1Deferred taxation 35 42 46Other assets 36 31 87Prepayments and accrued income 35 29Total assets 55,541 72,183LiabilitiesDeposits from banks 37 42,591 46,566Customer accounts 38 597 11,092Derivative financial instruments 21 2,249 2,460Debt securities in issue 39 5,371 6,912Liabilities to customers under investment contracts 40 283 351Current taxation 66 48Other liabilities 41 543 575Accruals and deferred income 85 135Deferred taxation 35 1 -Subordinated liabilities and other capital instruments 42 517 509Total liabilities 52,303 68,648Share capital 43 4,123 4,123Share premium 1,156 1,156Capital reserve 44 26,011 25,300Other reserves 45 (246) (129)Retained earnings (27,806) (26,916)Shareholders' funds 3,238 3,534Non-controlling interests 46 - 1Total equity 3,238 3,535Total equity and liabilities 55,541 72,183Directors: Alan Dukes (Chairman), A.M.R. (Mike) Aynsley (Group Chief Executive), Gary Kennedy (Non-executive Director).Secretary: Philip Brady.34