Section 3: Statistical Appendix

Transcription

1 Section 3: Statistical Appendix Page Money and Banking Statistics 3 List of Reporting Institutions 5 PART 1 Table SECTION A: MAIN MONETARY INDICATORS A1 Official External Reserves 11 A2.1 Domestic Credit to Irish Residents 12 A2.2 Private-Sector Credit to Irish Residents 13 A3 Irish Contribution to Euro Area Money Supply: 1. Components Selected Measures of Irish Contribution 15 A4 Currency Outstanding 16 SECTION B: INTEREST RATES AND EXCHANGE RATES AND BALANCE OF PAYMENTS B1 Official and Selected Interest Rates 19 B2.1 Retail Interest Rates and Volumes for Outstanding Amounts 20 B2.2 Retail Interest Rates and Volumes for New Business 21 B3 Selected International Interest Rates 22 B4 Trade-Weighted Competitiveness Indicators for Ireland 23 B5 Exchange Rates: End of Period 24 B6 Exchange Rates: Period Averages 25 B7 Balance of Payments 26 SECTION C: BANKING AND OTHER FINANCIAL INSTITUTIONS C1 Irish Monetary Sector: Consolidated Balance Sheet 29 C2 Financial Statement of the Central Bank & Financial Services Authority of Ireland 30 C3 Credit Institutions: Aggregate Balance Sheet 32 C4 Credit Institutions: Retail Clearing: Aggregate Balance Sheet 38 C5 Credit Institutions: Non-Clearing with predominantly Domestic Business: Aggregate Balance Sheet 44 C6 Credit Institutions: Non-Clearing with predominantly Foreign Business: Aggregate Balance Sheet 50 C7 Credit Institutions: Mortgage Lenders: Aggregate Balance Sheet 56 C8 All Credit Institutions: Sectoral Distribution of Advances 62 C9 All Credit Institutions: Sectoral Distribution of Advances and Deposits 64 C10 All Credit Institutions: International Business: Analysis by Currency, Sector and Maturity 66 C11 All Credit Institutions: International Business: Analysis by Geographic Area 68 C12 Credit Institutions: Selected Off-Balance-Sheet Business 70 C13 Analysis of Residential Mortgages vis-à-vis Irish Residents 71 C14 Credit Card Statistics 72 C15 Irish Stock Exchange 74 1

2 Page SECTION D: PUBLIC FINANCES D1 Government Debt and Government-Guaranteed Debt 77 D2 Government Stock Nominal Holdings 78 D3 Servicing of Government Non-Euro Debt 79 D4 Government Revenue, Expenditure and Borrowing 80 D5 Source and Application of Exchequer Funds 81 D6 Government Savings Schemes: Amounts Outstanding 82 D7 Exchequer Bills and Exchequer Notes 83 D8 Sources of Funds for Servicing Government Debt 84 SECTION E: ECONOMIC INDICATORS E1 Price Indices 86 E2 Indices of Relative Wage Costs in Manufacturing Industry 87 E3 National Accounts 88 E4 Selected Economic Indicators 90 E5 Labour Costs Average Earnings 92 E6 Labour Market Indicators 94 Explanatory Notes 95 PART 2 Table 1.1 Consolidated Financial Statement of the Eurosystem Key ECB Interest Rates Eurosystem Monetary Policy Operations Allotted through Tenders Minimum Reserve Statistics Aggregated Balance Sheet of the Euro Area MFIs, excluding the Eurosystem Consolidated Balance Sheet of the Euro Area MFIs, including the Eurosystem Monetary Aggregates Stock Market Indices 119 2

3 Money and Banking Statistics The Statistical Appendix is now divided into two parts: Part 1 is comprised of tables containing data relating to Main Monetary Indicators, Interest Rates Exchange Rates & Balance of Payments, Banking & Other Financial Institutions, Public Finances and Economic Indicators. The data mainly refer to Ireland and are denominated in euro; and Part 2 contains selected euro-area data which have been published by the European Central Bank (ECB) in its Monthly Bulletin. The layout and design of many tables in Part 1 were changed significantly at the start of EMU in January 1999 and users should exercise caution when comparing these series with earlier data as the underlying definitions may have changed. Detailed definitions of the concepts in each table in Part 1 can be found in the Explanatory Notes on pages 95 to 104. The CBFSAI Quarterly Bulletin and Monthly Statistics are also provided in electronic format on the website: and the ECB Monthly Bulletin is available on the website: 3

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5 Reporting Institutions The following is a list of institutions currently submitting returns included under the headings in the Statistical Appendix. Credit Institutions: Retail Clearing Allied Irish Banks plc Bank of Ireland Mortgage Bank The Governor and Company of the Bank of Ireland National Irish Bank Limited Ulster Bank Ireland Limited Credit Institutions: Non-Clearing with Predominantly Domestic Business ABN AMRO Bank N.V. ACC Bank plc AIB Capital Markets plc AIB Finance Limited Anglo Irish Bank Corporation plc Bank of America National Association Bank of Scotland (Ireland) Limited BNP Paribas Citibank International plc CitiFinancial Europe plc DePfa Bank plc EBS Building Society FCE Bank plc First Active plc HFC Bank Limited ICS Building Society IIB Bank Limited Investec Bank (UK) Limited Irish Life & Permanent plc Irish Nationwide Building Society Marks & Spencer Financial Services Limited MBNA Europe Bank Limited National Irish Investment Bank Limited Northern Rock plc Credit Institutions: Non-Clearing with Predominantly Foreign Business Aareal Bank AG Bankinter S.A. Bank of Bermuda (Europe) plc Bank of Montreal Ireland plc Barclays Bank plc Bear Stearns Bank plc BNP Paribas Securities Services BW Bank Ireland plc Caja de Ahorros Y Monte de Piedad de Madrid Citco Bank Nederland N.V. Citibank Ireland Financial Services plc Commerzbank Europe (Ireland) Crédit Agricole Investor Services Bank Luxembourg Daiwa Securities Trust and Banking (Europe) plc DePfa ACS Bank DePfa-Bank Europe plc Dexia Banque Belgique Dexia Banque Internationale à Luxembourg S.A. Dexia Crédit Local DZ-Bank Ireland plc Eurohypo Europäische Hypotekenbank S.A. Fortis Prime Fund Solutions Bank (Ireland) Limited GMAC Commercial Mortgage Bank Europe, plc Helaba Dublin Landesbank Hessen-Thüringen International Hewlett-Packard International Bank plc HSBC Bank plc Hypo Real Estate Bank International 5

6 Credit Institutions: Non-Clearing with Predominantly Foreign Business (Continued) ING Bank N.V. ING Belgium SA Intesa Bank Ireland plc J.P. Morgan Bank (Ireland) plc KBC Bank N.V. Dublin Branch KBL Bank Ireland Landesbank Hessen-Thüringen Girozentrale LGT Bank (Ireland) Limited Merrill Lynch Capital Markets Bank Limited Merrill Lynch International Bank Limited Naspa Dublin Pfizer International Bank Europe Rabobank Ireland plc Rabobank Nederland Sachsen LB Europe plc Sanpaolo IMI Bank Ireland plc Scotiabank (Ireland) Limited Société Générale SA UniCredito Italiano Bank (Ireland) plc Volkswagen Bank GmbH WestLB Covered Bond Bank plc WestLB Ireland plc WGZ-Bank Ireland plc Zurich Bank Credit Institutions: Mortgage Lenders ACC Bank plc Allied Irish Banks plc Bank of Ireland Mortgage Bank The Governor and Company of the Bank of Ireland EBS Building Society First Active plc ICS Building Society IIB Bank Limited* Irish Life & Permanent plc Irish Nationwide Building Society National Irish Bank Limited Ulster Bank Ireland Limited Post Office Savings Bank Hire-Purchase Finance Companies Arrow Trust Limited Cresington Finance Limited Entara Limited Euro Finance Limited Everyday Finance Limited Exchange Finance Limited Fiat Auto Finance Limited M.J. Flood (Leasing) Limited General Finance Trust Limited ICC Finance Limited Irish Permanent Finance Limited Kimberley Finance Limited Livestock Credit Corporation Limited National Carways Limited National Carways Investment Society National Credit Finance Limited Shannon International Leasing and Financial Services Limited Smurfit Finance Limited Smurfit Leasing Limited West European Credit Finance Limited Western Finance Company Limited Woodchester Finance Limited Woodchester Leaseline Limited *Includes residential mortgage business vis-à-vis IIB Homeloans Limited. 6

7 Part 1 Part 1 contains data for series beginning in January These data are denominated in euro.

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9 Section A Main Monetary Indicators

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11 Table A1: Official External Reserves \ million Gold SDRs Reserve Foreign Total position exchange End-month dates in IMF 2003 September ,765 3,315 October ,759 3,361 November ,737 3,340 December ,712 3, January ,765 3,332 February ,694 3,216 March ,584 2,120 April ,561 2,097 May ,660 2,196 June ,496 1,991 July ,569 2,064 August ,701 2,198 September ,647 2,120 October ,663 2,133 November ,712 2,183 11

12 Table A2.1: Domestic Credit to Irish Residents \ million 2004 Return dates 30 June 30 July 31 Aug. 30 Sep. 29 Oct. 30 Nov. 1. Components Credit Institutions: Retail Clearing 1. Loans to other residents (non-mfi a, non-government entities) 84,366 85,865 86,652 88,299 89,647 92, Euro b 72,354 73,558 74,268 75,901 77,259 79, Non-euro 12,013 12,307 12,385 12,398 12,389 12, Holdings of securities, shares and other equity issued by other residents 1,068 1,025 1,013 1,138 1,123 1, Securities Euro Non-euro Shares and other equity Euro Non-euro General Government credit (central, regional and local) 3,771 3,718 3,771 3,933 3,912 3, Loans Euro Non-euro 3.2 Securities 3,310 3,319 3,337 3,483 3,464 3, Euro 3,310 3,319 3,337 3,483 3,464 3, Non-euro 4. Accrued interest receivable on credit to other residents Euro Non-euro Credit Institutions: Non-Clearing 5. Loans to other residents (non-mfi, non-government entities) 85,804 89,737 90,444 91,791 93,307 94, Euro 75,773 79,407 80,397 81,876 83,042 84, Non-euro 10,031 10,330 10,047 9,915 10,266 10, Holdings of securities, shares and other equity issued by other residents 5,863 5,962 5,906 5,906 5,892 5, Securities 1,403 1,492 1,435 1,441 1,430 1, Euro 1,092 1,160 1,094 1,092 1,092 1, Non-euro Shares and other equity 4,460 4,470 4,470 4,466 4,463 4, Euro 4,274 4,284 4,285 4,283 4,282 4, Non-euro General Government credit (central, regional and local) 1,231 1,324 1,098 1,065 1,026 1, Loans Euro Non-euro 7.2 Securities Euro Non-euro Accrued interest receivable on credit to other residents Euro Non-euro Other 9. Direct net external Government borrowing from 1 Jan. each year 168 1,284 1,810 1,583 1,826 1, Non-euro lending by credit institutions to non-mfi IFSC companies 11,794 11,880 11,875 11,811 11,841 11, Total lending by credit institutions to non-mfi IFSC companies 19,334 19,271 19,260 19,210 19,280 18,748 a See Explanatory Notes for detailed definitions. b Euro/non-euro refers to currency of the loan. 12

13 Table A2.2: Private-Sector Credit to Irish Residents Private sector credit (PSC) Residential mortgage lending Total Of which: PSC Growth Rates Euro Credit ( ( Unadjusted Adjusted a Outstanding Unadjusted Adjusted Adjusted 5+6+8) year-to-year year-to-year level b year-to-year level c year-to-year change change change change c ) \ million \ million % % \ million % \ million % May 133, , , , June 134, , , , July 135, , , , August 137, , , , September 141, , , , October 140, , , , November 141, , , , December 142, , , , January 142, , , , February 143, , , , March 145, , , , April 146, , , , May 147, , , , June 147, , , , July 150, , , , August 152, , , , September 153, , , , October 155, , , , November 157, , , , December 160, , , , January 162, , , , February 164, , , , March 170, , , , April 170, , , , May 174, , , , June 177, , , , July d 183, , , , August d 184, , , , September d 187, , , , October d 190, , , , November d 194, , , , a This series excludes transactions between credit institutions and non-mfi IFSC companies and valuation effects arising from exchange-rate movements. b Data relate to residential mortgages as reported on the balance sheets of within-the-state offices of credit institutions, i.e., mortgages extended on a cross-border basis are not included. The total reported above is the same figure as that reported vis-à-vis Irish residents under Item 5.6 (Assets) of Table C3: Credit Institutions: Aggregate Balance Sheet and so does not include securitised mortgages. c The level of outstanding securitised mortgages (i.e., the initial amount of the securitisation less all repayments of capital made by the borrowers) has been added to the outstanding level of residential mortgages and a year-to-year change calculated in order to more accurately capture the indebtedness of Irish residents for housing purposes. d Year-to-year growth rates have been boosted by the transfer of some \2 billion in residential mortgages to an Irish credit institution from its parent institution abroad in July Allowing for this, the underlying rate of PSC growth in November was 25 8 per cent and that of residential mortgages was 27 1 per cent. 13

14 Table A3: Irish Contribution to Euro Area Money Supply 2004 \ million 30 June 30 July 31 Aug. 30 Sep. 29 Oct. 30 Nov. 1. Components a 1. Currency issued b 5,007 5,161 5,051 5,174 5,239 5, Overnight deposits 52,707 53,371 54,118 55,863 56,432 56,163 M1 (1+2) 57,714 58,532 59,168 61,037 61,671 61, Deposits with agreed maturity: up to 2 years 50,350 53,155 52,832 52,516 53,691 52, Deposits redeemable at notice: up to 3 months 8,873 8,917 8,960 8,935 9,002 8, Post Office Savings Bank Deposits 1,033 1,038 1,042 1,052 1,059 1,062 M2 (M ) 117, , , , , , Repurchase agreements Debt securities: up to 2 years maturity c 25,356 24,394 23,008 24,523 24,245 23, Money market funds shares/units 21,805 20,304 21,629 22,580 22,576 21,896 M3 (M ) 115, , , , , ,448 a Vis-à-vis residents of Ireland and other Monetary Union Members. b This comprises the Bank s share of euro banknotes issued in the Eurosystem, in proportion to its paid-up shares in the capital of the ECB, plus coin issued by the Bank less holdings of issued euro banknotes and coin by the MFI sector. c In line with Eurosystem requirements, these data exclude securities issued to non-euro area residents, while holdings by credit institutions of debt securities up to two years maturity issued by euro-area MFIs are netted off debt securities issued in this category. 14

15 \ million M1 M2 M3 Components 1+ 2 M M Amount Headline Amount Headline Amount Headline year-to-year year-to-year year-to-year change % change % change % 2. Selected Measures of Irish Contribution September 50,611 n.a. 109,482 n.a. 105,399 n.a. 31 October 52,088 n.a. 111,438 n.a. 108,211 n.a. 28 November 51,614 n.a. 109,191 n.a. 101,808 n.a. 31 December 53,264 n.a. 112,202 n.a. 105,141 n.a January 54, % 115, % 105, % 27 February 56, % 115, % 110, % 31 March 55, % 115, % 111, % 30 April 56, % 116, % 114, % 31 May 56, % 116, % 114, % 30 June 57, % 117, % 115, % 30 July 58, % 121, % 117, % 31 August 59, % 122, % 120, % 30 September 61, % 123, % 121, % 29 October 61, % 125, % 123, % 30 November 61, % 123, % 122, % 15

16 Table A4: Currency Outstanding Denomination of Legal Tender Notes Last day of 10/ Total Euro equivalent 2002 December ,010 37,122 42, ,491 34,699 6, , , March ,983 36,721 41,787 97,341 31,737 6, , ,536 June ,967 36,448 41,241 94,802 30,064 5, , ,472 September ,957 36,283 40,942 93,002 29,210 5, , ,405 December ,951 36,190 40,720 91,776 28,551 5, , , March ,942 36,049 40,456 90,266 27,713 5, , ,951 June ,936 35,949 40,230 89,097 27,163 5, , ,234 September ,929 35,868 40,053 88,062 26,567 5, , ,753 December ,923 35,797 39,891 87,051 26,081 5, , , Denomination of Coins 1 50p 20p 10p 5p 2p 1p Total Euro equivalent 2002 December 56,440 17,957 15,699 11,778 12,521 6,732 6, , , March 43,747 17,651 13,603 11,304 12,409 6,479 6, , ,115 June 41,412 15,636 13,347 10,047 11,401 6,331 6, , ,090 September 41,412 15,636 13,347 10,047 11,401 6,266 6, , ,959 December 40,827 15,467 13,173 9,849 11,236 6,233 6, , , March 40,827 15,467 13,173 9,849 11,236 6,222 6, , ,225 June 40,677 15,422 13,104 9,827 11,186 6,222 6, , ,798 September 40,678 15,422 13,104 9,827 11,186 6,222 6, , ,800 December 40,678 15,422 13,104 9,827 11,186 6,222 6, , ,800 Notes 1. Consolidated bank notes ceased to be issued on 31 December 1953 and are in course of withdrawal from circulation. The value of these notes outstanding at 31 December 2004 amounted to IR 105,250; this is not included in the total of this table. 2. The issue of legal tender notes by clearing banks in the Republic of Ireland ceased in May These bank notes are in course of withdrawal from circulation. The value of such notes outstanding at 31 December 2004 amounted to IR 628,000; this is not included in the total of this table. 3. The total value of 1 2p, 5p (issued before 29 June 1992) and 10p (issued before 15 November 1991) coins still outstanding at 31 December 2004 amounted to IR million; this is not included in the total of this table. 16

17 Section B Interest Rates and Exchange Rates and Balance of Payments

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19 Table B1: Official and Selected Interest Rates Per cent per annum End-month Dec. Sept. Oct. Nov. Dec. 1. Eurosystem Official Interest Rates a Marginal lending facility Deposit facility Main refinancing operations Interbank Market Euribor b Eonia (overnight) month fixed month fixed month fixed Clearing Banks Prime Rate Ireland c House Purchase Loans Ireland d Government Securities Market Ireland g 2 years to maturity years to maturity years to maturity a On 5 June 2003, the ECB announced a reduction of 0 50 of a percentage point in these rates. b Euribor is the rate at which euro interbank term deposits are offered by one prime bank to another, within the euro area. Daily data from 30 December 1998 are available from c Rates are representative of those charged to large commercial customers for short-term borrowings. d These are standard variable mortgage rates for Credit Institutions: Mortgage Lenders reporting to the Central Bank & Financial Services Author ity of Ireland. g The yields shown under this heading are representative. 19

20 Table B2.1: Retail Interest Ratesa and Volumes for Outstanding Amounts End-month Dec. July Aug. Sept. Oct. Nov. DEPOSITS Households With agreed maturity Up to 2 years ,259 14,070 14,927 14,496 12,732 13,269 Over 2 years ,693 7,057 7,190 7,310 7,091 7,618 Non-financial corporations With agreed maturity Up to 2 years ,543 13,770 12,868 12,282 13,926 13,448 Over 2 years ,282 1,486 1,481 1,477 1,471 1,471 LOANS Households For house purchase Up to 1 year Over 1 and up to 5 years ,455 1,221 1,227 1,213 1,225 1,226 Over 5 years ,520 63,805 65,085 66,898 68,288 69,860 For consumer credit and other loans Up to 1 year ,998 4,638 4,678 4,778 4,925 5,144 Over 1 and up to 5 years ,387 5,810 5,864 5,870 5,964 6,114 Over 5 years ,490 7,016 7,333 7,419 7,475 7,582 Non-financial corporations Up to 1 year ,876 15,940 16,089 17,500 17,382 18,646 Over 1 and up to 5 years ,014 18,034 18,388 19,549 20,106 20,896 Over 5 years ,893 32,879 32,934 33,735 33,851 34,567 a Rates reported are weighted averages for each instrument category. Note: Rates are in bold in percentages per annum; volumes are in italics in \ million. 20

21 Table B2.2: Retail Interest Ratesa and Volumes for New Business End-month Dec. July Aug. Sept. Oct. Nov. DEPOSITS Households Overnight b ,946 27,732 28,088 28,051 28,614 27,176 With agreed maturity ,518 10,352 10,358 10,306 r 9,913 10,554 Redeemable at notice b ,953 8,640 8,631 8,620 8,701 8,718 Non-financial corporations Overnight b ,091 15,830 16,145 16,109 16,912 16,273 With agreed maturity ,426 11,877 10,689 11,502 r 11,219 13,439 LOANS Households Bank overdraft b ,970 1,968 2,021 2,044 1,998 2,096 For consumption purposes Floating rate and up to 1 year initial rate fixation Over 1 year initial rate fixation For house purchases Floating rate and up to 1 year initial rate fixation 1,916 2,209 1,581 2,155 2,057 2,781 Over 1 year initial rate fixation For other purposes Non-financial corporations Bank overdraft b ,194 3,769 4,089 4,194 4,081 4,388 Other loans up to \1 million Floating rate and up to year initial rate fixation Over 1 and up to 5 years initial rate fixation Over 5 years initial rate fixation Other loans over \1 million Floating rate and up to year initial rate fixation 1,974 2,054 1,286 1,745 1,939 1,870 Over 1 and up to 5 years initial rate fixation Over 5 years initial rate fixation APRC for loans to households For consumption purposes For house purchase ,416 2,381 1,735 2,417 2,281 3,011 a Rates reported are weighted averages for each instrument category. b For these categories, new business is defined as outstanding amounts. Note: Rates are in bold in percentages per annum; volumes are in italics in \ million. 21

22 Table B3: Selected International Interest Rates Per cent per annum Three-month Interest Rates Euro Sterling US dollar Japanese yen 2002 September October November December a January February March April May June July August September October November December January b February March April May c June July August September October November December a Rates refer to 30 December b Rate refers to 29 January c Rate refers to 26 May Note: As far as possible, rates given in this table are those prevailing on the last Friday of each period. 22

23 Table B4: Trade-Weighted Competitiveness Indicators for Ireland 1999 Q1 = 100 Nominal TWCI Real TWCI Real TWCI (Monthly average) (Deflated by consumer prices) (Deflated by producer prices) 2001 January February March April May June July August September October November December January February March April May June July August September October November December January February March April May June July August September October November December January February March April May June July August September October N/A November N/A December N/A N/A Notes: 1. A rise in an indicator implies a disimprovement in competitiveness while a fall in an indicator implies an improvement. 2. These indicators are available from January 1999 in excel format on the Bank s website. 3. Real TWCIs may be subject to revisions to reflect revisions in price data. 23

24 Table B5: Exchange Rates: End of Period Units per Euro Canada Denmark Japan Sweden Switzerland United United SDR (Dollar) (Krone) (Yen) (Krona) (Franc) Kingdom States (Pound) (Dollar) 2003 Q Q Q Q Q Q Q Q September October November December January February March April May a June July August September October November December Week ended October November December a Rates refer to 28 May. Note: Reference rates as published by the European Central Bank. The exchange rate quoted for the SDR is calculated by the IMF. 24

25 Table B6: Exchange Rates: Period Averages Units per Euro Canada Denmark Japan Sweden Switzerland United United SDR (Dollar) (Krone) (Yen) (Krona) (Franc) Kingdom States (Pound) (Dollar) Q Q Q Q December January February March April May June July August September October November December Week ended October November December Note: Reference Rates published by the European Central Bank. The exchange rate quoted for the SDR is calculated by the IMF. 25

26 Table B7: Balance of Payments \ million Year Q4 Q1 Q2 Q3 Current account Merchandise a 33,421 8,491 7,930 8,244 8,067 Services 12,642 3,350 2,437 2,228 2,292 Income 23,115 6,164 6,105 6,173 5,838 Current transfers Balance on current account 1, Balance on capital account Financial account Direct investment: 20, ,729 1,241 2,787 Equity 4,680 1, * * Reinvested earnings 14,833 3,320 5,242 * * Other capital 1,168 6, ,688 1,571 Portfolio investment: 49, ,843 10,647 Equity 44,055 18,707 7,647 6,052 5,924 Debt instruments 93,172 19,643 8,435 3,210 16,571 Bonds and notes 58,134 5,338 1,027 5,818 7,038 Money market instruments 35,037 14,304 7,409 9,028 9,533 Other investment: 29,256 3,311 5, ,994 Loans, currency and deposits 29,347 4,056 5, ,484 Other ,510 Reserve assets b : 1, , Monetary gold Special drawing rights Reserve position in the IMF Foreign exchange 1, , Other Balance on financial account 2,596 1,558 1,296 3,523 1,005 Net errors and omissions 1,070 1,511 1,982 3, a Adjusted for balance-of-payments purposes. b Computed on a transactions basis, i.e., change in total reserves less valuation changes and allocation of SDRs. * Suppressed for confidentiality reasons. Source: Central Statistics Office. 26

27 Section C Banking and Other Financial Institutions

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29 Table C1: Irish Monetary Sector: Consolidated Balance Sheet \ million 2004 Return dates 30 June 30 July 31 Aug. 31 Sep. 30 Oct. 31 Nov. Liabilities 1. Capital and reserves 26,562 27,243 27,668 27,632 27,828 27, Government deposits at Central Bank 7,191 6,005 5,462 5,859 4,278 7, Currency 5,007 5,161 5,051 5,174 5,239 5, Non-Government deposit accounts 114, , , , , , Interest payable on non-government deposits Other general government deposits , , Interest on general government deposits Net external liability of all credit institutions 27,080 31,839 30,405 28,495 29,232 32, Other liabilities 20,725 19,479 21,818 24,902 26,166 27,809 Total 202, , , , , ,249 Assets 1. Non-Government credit 177, , , , , , Accrued interest receivable on non-government credit Government credit 5,002 5,042 4,869 4,998 4,938 4, Official external reserves 1,991 2,064 2,198 2,120 2,133 2, Fixed assets 2,154 2,164 2,170 2,175 2,175 2, Other assets 15,620 15,923 14,386 14,536 14,031 17,408 Note: The data in the table relating to credit institutions refer only to their within-the-state offices. 29

30 Table C2: Financial Statement of the Central Bank and Financial Services Authority of Ireland a \ million 1. Assets Gold and Claims on Claims on Claims on Lending to of which: gold non-euro euro area non-euro area euro area receivables area residents residents in residents in credit Main Longer-term Fine-tuning in foreign foreign euro institutions refinancing refinancing reverse currency currency in euro operations operations operations December 64 3, ,535 9,074 8, January 64 3, ,010 14,877 5,828 9, February 64 3, ,098 16,656 6,317 10, March 64 2, ,864 5,525 10, April 67 2, ,072 15,658 5,344 10, May 67 2, ,007 5,583 9, June 67 2, ,207 14,862 5,438 9, July 63 2, ,457 14,613 4,406 10, August 63 2, ,560 14,929 4,630 10, September 63 2, ,310 16,024 5,725 10, October 64 2, ,634 15,811 4,907 10, November 64 2, ,289 17,340 5,324 12, December 62 2, ,081 17,440 6,453 10, Liabilities Banknotes Liabilities to of which: Other Debt in euro area liabilities to Certificates circulation credit Current Deposit Fixed-term Deposits Fine-tuning euro area issued institutions accounts facility deposits related to reverse credit in euro (covering the margin calls operations institutions minimum in euro reserve system) December 4,210 3,815 3, January 4,923 3,820 3, February 4,962 4,245 4, March 5,176 4,756 4, April 5,158 5,008 5, May 5,314 5,579 5, June 5,532 4,695 4, July 5,495 4,623 4, August 5,613 6,186 6, September 5,589 5,881 5, October 5,591 4,287 4, November 5,785 5,429 5, December 5,947 4,342 4, a Data relate to the last Friday of the month, except for December when they relate to the last working day. Note: An advance release calendar for the publication of the analytical accounts of the central bank and of the banking sector that meets the IMF s SDDS requirements is published on the IMF Bulletin Board (internet address:

31 1. Assets Other claims Securities of General Other Total on euro area euro area government assets assets Structural Marginal Credits credit residents in debt in euro reverse Lending related to institutions in euro operations Facility margin calls euro ,388 2,199 27, December ,292 2,224 25, January 217 3,332 2,227 26, February 408 3,984 2,763 26, March 198 4,255 2,654 26, April 376 4,500 2,455 25, May 139 4,329 2,441 25, June 199 4,016 2,453 25, July 185 4,115 2,318 25, August 358 4,192 2,287 26, September 134 4,043 2,436 26, October 273 4,078 2,583 28, November 561 4,107 2,770 28, December 2. Liabilities Liabilities to Liabilities to Liabilities to Liabilities to Counterpart Revalua- Capital Other Total other euro non-euro area euro area non-euro area of Special tion and liabilities liabilities area residents residents in residents in residents in Drawing Rights accounts reserves in euro euro foreign foreign allocated by currency currency the IMF , ,205 14,497 27, December , ,217 10,866 25, January 4, ,219 11,300 26, February 3, ,221 10,671 26, March 3, ,222 11,119 26, April 4, ,223 8,431 25, May 4, ,225 8,895 25, June 6, ,226 7,262 25, July 5, ,230 6,654 25, August 5, ,233 7,863 26, September 4, ,235 10,525 26, October 6, ,243 8,560 28, November 3, ,211 12,400 28, December 31

32 Table C3: Credit Institutions: Aggregate Balance Sheet \ million 30 June 2004 Vis-à-vis Irish Other Monetary Rest of World Total residents Union residents residents Liabilities 1. Capital and reserves 26,370 8,545 6,952 41, Deposits from credit institutions and other MFIs a (excluding Central Bank) 54,601 87, , , Deposits from Central Bank 14,679 14, Short-term 14,679 14, Other 4. Deposits from general government (central, regional and local) 1,557 2,246 5,114 8, Deposits from other residents (non-mfis, non-government entities) 114,617 15,207 34, , Overnight: Current accounts 23, ,258 25,252 Demand accounts b 26,869 1,388 4,875 33, Agreed maturity: Up to and including 1 year 38,955 9,026 19,337 67,317 1 to 2 years 1, ,468 2,902 Over 2 years 13,994 4,552 4,043 22, Notice: Up to and including 3 months 8, ,836 Over 3 months Repurchase agreements 723 2,493 3, Debt securities issued c 5,447 20,440 71,876 97, Up to and including 1 year 2,837 5,571 33,157 41, to 2 years 90 1,376 5,917 7, Over 2 years 2,520 13,493 32,803 48, Remaining liabilities 11,815 6,837 44,476 63,128 Total liabilities 229, , , ,151 Assets 1. Holdings of notes and coin Loans to credit institutions and other MFIs a (excluding Central Bank) 54,601 44,715 70, , Balances with Central Bank 4,671 4, Mandatory balances 4,646 4, Other Loans to general government (central, regional and local) ,885 7,340 21, Loans to other residents (non-mfi, non-government entities) 172,039 39,678 48, , Overdrafts 6, , Repurchase agreements 523 4,469 4, Loans up to and including 1 year 22, ,466 25, Term/revolving loans 64,854 12,291 16,948 94, Instalment credit/hire-purchase/leases 3, , Residential mortgages 61, , Other mortgages 9,229 1,817 1,262 12, Other loans and securities issued to other residents 3,375 24,067 21,646 49, Holdings of securities c 6,864 86,354 39, , Issued by MFIs 2,723 36,699 20,638 60, Issued by general government 4,141 49,655 19,319 73, Exchequer notes 150 1,591 1, Securities 4,141 49,505 17,728 71, Holdings of shares and other equity 5,923 2,595 3,671 12, Issued by MFIs 860 2,521 1,642 5, Issued by other residents (non-mfi, non-government entities) 5, ,030 7, Fixed assets 2, , Remaining assets 8,340 10,292 31,149 49,781 Total assets 256, , , ,151 a Other MFIs comprise financial institutions whose business is to receive deposits or close substitutes for deposits. b In line with Eurosystem requirements, demand accounts have been reclassified from deposits redeemable at notice to overnight deposits. c Money-market paper is included in the category Up to and including 1 year. 32

33 \ million 30 July 2004 Vis-à-vis Irish Other Monetary Rest of World Total residents Union residents residents Liabilities 1. Capital and reserves 27,375 8,455 7, Deposits from credit institutions and other MFIs a (excluding Central Bank) 66,444 95, , , Deposits from Central Bank 14,613 14, Short-term 14,613 14, Other 4. Deposits from general government (central, regional and local) 1,587 1,905 4,724 8, Deposits from other residents (non-mfis, non-government entities) 117,381 15,671 34, , Overnight: Current accounts 24, ,087 25,696 Demand accounts b 27,067 1,152 4,944 33, Agreed maturity: Up to and including 1 year 40,990 9,682 19,614 70,286 1 to 2 years 1, ,469 2,977 Over 2 years 14,024 4,662 3,916 22, Notice: Up to and including 3 months 8, ,015 9,920 Over 3 months Repurchase agreements ,636 3, Debt securities issued c 5,797 20,376 75, , Up to and including 1 year 3,161 5,296 32,693 41, to 2 years 91 1,477 5,995 7, Over 2 years 2,545 13,603 36,595 52, Remaining liabilities 10,000 6,402 42,128 58,530 Total liabilities 243, , , ,210 Assets 1. Holdings of notes and coin Loans to credit institutions and other MFIs a (excluding Central Bank) 66,444 44,143 62, , Balances with Central Bank 5,112 5, Mandatory balances 5,087 5, Other Loans to general government (central, regional and local) ,580 7,518 21, Loans to other residents (non-mfi, non-government entities) 177,604 40,105 49, , Overdrafts 6, , Repurchase agreements 455 3,403 3, Loans up to and including 1 year 22, ,611 26, Term/revolving loans 65,780 12,244 17,418 95, Instalment credit/hire-purchase/leases 3, , Residential mortgages 65, , Other mortgages 9,526 1,939 1,222 12, Other loans and securities issued to other residents 3,552 24,485 23,860 51, Holdings of securities c 7,056 89,225 40, , Issued by MFIs 2,795 37,883 20,885 61, Issued by general government 4,261 51,342 19,765 75, Exchequer notes ,764 1, Securities 4,259 51,192 18,001 73, Holdings of shares and other equity 6,170 2,707 3,871 12, Issued by MFIs 1,184 2,276 1,652 5, Issued by other residents (non-mfi, non-government entities) 4, ,219 7, Fixed assets 2, , Remaining assets 8,983 10,238 31,250 50,471 Total assets 275, , , ,210 a Other MFIs comprise financial institutions whose business is to receive deposits or close substitutes for deposits. b In line with Eurosystem requirements, demand accounts have been reclassified from deposits redeemable at notice to overnight deposits. c Money-market paper is included in the category Up to and including 1 year. 33

34 Table C3: Credit Institutions: Aggregate Balance Sheet \ million 31 August 2004 Vis-à-vis Irish Other Monetary Rest of World Total residents Union residents residents Liabilities 1. Capital and reserves 27,579 8,191 7,583 43, Deposits from credit institutions and other MFIs a (excluding Central Bank) 65,357 94, , , Deposits from Central Bank 14, , Short-term 14, , Other 4. Deposits from general government (central, regional and local) 1,737 3,166 4,255 9, Deposits from other residents (non-mfis, non-government entities) 116,653 16,348 34, , Overnight: Current accounts 24, ,662 Demand accounts b 27,645 1,173 4,503 33, Agreed maturity: Up to and including 1 year 39,539 10,260 18,933 68,731 1 to 2 years 1, ,462 3,017 Over 2 years 14,122 4,659 3,932 22, Notice: Up to and including 3 months 8, ,062 9,984 Over 3 months Repurchase agreements ,288 3, Debt securities issued c 7,466 21,475 77, , Up to and including 1 year 3,573 5,896 34,630 44, to 2 years 91 1,735 6,224 8, Over 2 years 3,802 13,844 36,225 53, Remaining liabilities 10,432 7,307 44,195 61,935 Total liabilities 244, , , ,396 Assets 1. Holdings of notes and coin Loans to credit institutions and other MFIs a (excluding Central Bank) 65,357 44,872 63, , Balances with Central Bank 5,064 5, Mandatory balances 5,051 5, Other Loans to general government (central, regional and local) ,927 7,380 22, Loans to other residents (non-mfi, non-government entities) 179,030 40,218 50, , Overdrafts 5, , Repurchase agreements 328 4,141 4, Loans up to and including 1 year 23,241 1,050 2,823 27, Term/revolving loans 66,078 12,274 17,218 95, Instalment credit/hire-purchase/leases 3, , Residential mortgages 66, , Other mortgages 9,549 1,944 1,207 12, Other loans and securities issued to other residents 3,398 24,435 23,755 51, Holdings of securities c 7,167 88,778 42, , Issued by MFIs 3,064 38,052 21,765 62, Issued by general government 4,102 50,725 21,058 75, Exchequer notes ,341 2, Securities 4,082 50,575 18,717 73, Holdings of shares and other equity 5,949 2,691 3,728 12, Issued by MFIs 964 2,521 1,643 5, Issued by other residents (non-mfi, non-government entities) 4, ,085 7, Fixed assets 2, , Remaining assets 8,253 10,162 33,328 51,743 Total assets 274, , , ,396 a Other MFIs comprise financial institutions whose business is to receive deposits or close substitutes for deposits. b In line with Eurosystem requirements, demand accounts have been reclassified from deposits redeemable at notice to overnight deposits. c Money-market paper is included in the category Up to and including 1 year. 34

35 \ million 30 Sep 2004 Vis-à-vis Irish Other Monetary Rest of World Total residents Union residents residents Liabilities 1. Capital and reserves 27,545 8,281 7,584 43, Deposits from credit institutions and other MFIs a (excluding Central Bank) 66,322 94, , , Deposits from Central Bank 16, , Short-term 16, , Other 4. Deposits from general government (central, regional and local) 1,855 2,404 4,419 8, Deposits from other residents (non-mfis, non-government entities) 117,806 16,483 35, , Overnight: Current accounts 25, ,221 Demand accounts b 28,559 1,260 4,754 34, Agreed maturity: Up to and including 1 year 39,211 10,287 19,289 68,787 1 to 2 years 1, ,413 2,969 Over 2 years 14,175 4,646 4,021 22, Notice: Up to and including 3 months 8, ,080 9,972 Over 3 months Repurchase agreements 243 3,879 4, Debt securities issued c 8,836 22,934 76, , Up to and including 1 year 2,937 5,912 34,006 42, to 2 years 48 1,798 6,474 8, Over 2 years 5,850 15,223 36,360 57, Remaining liabilities 12,005 8,222 46,938 67,165 Total liabilities 250, , , ,797 Assets 1. Holdings of notes and coin Loans to credit institutions and other MFIs a (excluding Central Bank) 66,322 45,422 65, , Balances with Central Bank 5,770 5, Mandatory balances 5,757 5, Other Loans to general government (central, regional and local) ,226 7,294 21, Loans to other residents (non-mfi, non-government entities) 182,067 41,828 51, , Overdrafts 6, , Repurchase agreements 316 3,874 4, Loans up to and including 1 year 23,423 1,822 2,885 28, Term/revolving loans 67,038 13,531 17,487 98, Instalment credit/hire-purchase/leases 3, , Residential mortgages 68, , Other mortgages 9,699 1,880 1,009 12, Other loans and securities issued to other residents 3,427 24,068 25,391 52, Holdings of securities c 7,338 89,699 43, , Issued by MFIs 3,133 38,784 22,979 64, Issued by general government 4,205 50,915 20,719 75, Exchequer notes ,441 2, Securities 4,185 50,765 18,278 73, Holdings of shares and other equity 6,030 2,661 3,803 12, Issued by MFIs 964 2,520 1,609 5, Issued by other residents (non-mfi, non-government entities) 5, ,194 7, Fixed assets 2, , Remaining assets 8,162 10,645 34,562 53,369 Total assets 279, , , ,797 a Other MFIs comprise financial institutions whose business is to receive deposits or close substitutes for deposits. b In line with Eurosystem requirements, demand accounts have been reclassified from deposits redeemable at notice to overnight deposits. c Money-market paper is included in the category Up to and including 1 year. 35