1 October


Phone call between two Anglo Irish Bank Corporation (AIBC) officials and officials from the Financial Regulator (FR).


FR: I just want to ask about one of the figures on the funding template – the corporate figure, the €8 billion, is that still a net figure there?


AIBC: Yes that's still a net figure...that's correct....(pause). That is correct. Do you want me to continue? It's trying to manipulate our balance sheet for our financial year end last night.


FR: Yes.


AIBC: And what we have done is we have boosted our customer funding number which we didn't include in our liquidity number, but we boosted our customer funding number so when our snapshot is produced at the beginning of December it looks as good as possible, it is not a real number. If you looked at the other side of the balance sheet you will see an interbank placement of €8 billion, Ok so I wouldn't read too much into it. It just happens to fall on the last working day of the month, the last working day of the template etc, so you know it's something that we did.


FR: Is it in the ratios?


AIBC: It won't appear in the ratios, no, its excluded from the ratios, it's going back out today and sort of over the next three to four days.


FR: Ok, that's grand, right I think that's everything.


8 October


Phone call between two Anglo Irish Bank Corporation (AIBC) officials and officials from the Financial Regulator (FR)


FR: On the corporate flows, on the funding template, you netted down 4.5 billion on the week?


AIBC: Yeah


FR: I know last week you were saying you got some money in for over the financial year end.


AIBC: Thats correct.


FR: Does that include the outflows, is that going back, does it?


AIBC: It does indeed.


FR: Do you know what that would be without the chunk of money, kind of included in that then?


AIBC official 1: Then you would be up quite a bit from Wednesday, you would have been up significantly... I don't know... what is it... seven... I don't know (pause)


AIBC official 2: If the underlying is seven then you would be up 2.5 billion.


AIBC official 1: 2.5 billion.


FR: Ok, thats grand.