Statement of Changes in Equity


as at 31 December 2016

Share
Capital
€000
Retained
losses
€000
Total
equity
€000
Balance as at 12 Sept 2014 - - -
Issue of share capital 10,000 - 10,000
Loss for the period 12 Sept 2014 to 31 Dec 2015 - (3,730) (3,730)
Balance at 31 December 2015 10,000 (3,730) 6,270
Loss for the year - (1,647) (1,647)
Balance at 31 December 2016 10,000 (5,377) 4,623

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