Anglo to issue IFRS document

ANGLO Irish Bank will issue a document tomorrow on the impact of adopting international financial reporting standards (IFRS).

Their results to the end of March 2006 will be its first under IFRS. Davy said that in June last year that if prepared under IFRS, Anglo’s earnings per share for the six months to March 31, 2005 would have been around 4% lower than under previous Irish general accepted accounting principals.