Income Statement and Other Comprehensive Income
For the financial year ended 31 December 2016
| Note | 1 Jan 2016 to 31 Dec 2016 €000 |
12 Sept 2014 to 31 Dec 2015 €000 |
|
|---|---|---|---|
| Interest income | 5 | 3,498 | 1,278 |
| Interest expense | 6 | (612) | (592) |
| Net interest income | 2,886 | 686 | |
| Other income | 7 | 286 | - |
| Operating expenses | 8 | (4,819) | (4,416) |
| Operating loss | (1,647) | (3,730) | |
| Loss for the period | (1,647) | (3,730) | |
| Other comprehensive income | - | - | |
| Total comprehensive loss for the period | (1,647) | (3,730) |
The accompanying notes form an integral part of the financial statements.
Approved and authorised for issue by the Board of Directors and signed on its behalf:
Nichola Ashmore
Chief Executive Officer
Strategic Banking Corporation of Ireland
Conor O'Kelly
Chairperson
Strategic Banking Corporation of Ireland
12 April 2017