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

Bank statement of financial positionAs at 31 December 2011Irish Bank Resolution Corporation LimitedAnnual Report & Accounts 2011Assets2011 2010Note €m €mCash and balances with central banks 19 100 181Financial assets at fair value through profit or loss- held on own account 20 5 5Derivative financial instruments 21 1,380 2,177Loans and advances to banks 22 7,390 5,989Assets classified as held for sale 23 297 1,349Available-for-sale financial assets 24 1,276 2,168Promissory notes 25 29,934 25,704Government debt securities at amortised cost 26 947 10,623Loans and advances to customers 27 15,974 24,916Investments in Group undertakings 30 4,045 4,186Intangible assets - software 31 10 16Property, plant and equipment 34 12 7Current taxation 56 125Retirement benefit assets 11 8 1Other assets 36 11 68Prepayments and accrued income 29 22Total assets 61,474 77,537LiabilitiesDeposits from banks 37 46,182 49,555Customer accounts 38 3,603 13,456Derivative financial instruments 21 2,189 3,003Debt securities in issue 39 5,371 6,912Current taxation 55 30Other liabilities 41 390 532Accruals and deferred income 82 126Deferred taxation 35 1 -Subordinated liabilities and other capital instruments 42 517 503Total liabilities 58,390 74,117Share capital 43 4,123 4,123Share premium 1,156 1,156Capital reserve 44 25,979 25,300Other reserves (252) (111)Retained earnings (27,922) (27,048)Total equity 3,084 3,420Total equity and liabilities 61,474 77,537Directors: Alan Dukes (Chairman), A.M.R. (Mike) Aynsley (Group Chief Executive), Gary Kennedy (Non-executive Director).Secretary: Philip Brady.35