Bad performance in templated function

I have the following templated function:

template<int dim>
void advecu(double * restrict ut, double * restrict u, double * restrict v, double * restrict w, double * restrict dzi4)
{
  // Here comes the initialization of the constants...
  // Loop
  for(int k=grid->kstart; k<grid->kend; k++)
    for(int j=grid->jstart; j<grid->jend; j++)
#pragma ivdep
      for(int i=grid->istart; i<grid->iend; i++)
      {
        ijk = i + j*jj1 + k*kk1;
        ut[ijk] -= ( cg0*((ci0*u[ijk-ii3] + ci1*u[ijk-ii2] + ci2*u[ijk-ii1] + ci3*u[ijk    ]) * (ci0*u[ijk-ii3] + ci1*u[ijk-ii2] + ci2*u[ijk-ii1] + ci3*u[ijk    ]))
                   + cg1*((ci0*u[ijk-ii2] + ci1*u[ijk-ii1] + ci2*u[ijk    ] + ci3*u[ijk+ii1]) * (ci0*u[ijk-ii2] + ci1*u[ijk-ii1] + ci2*u[ijk    ] + ci3*u[ijk+ii1]))
                   + cg2*((ci0*u[ijk-ii1] + ci1*u[ijk    ] + ci2*u[ijk+ii1] + ci3*u[ijk+ii2]) * (ci0*u[ijk-ii1] + ci1*u[ijk    ] + ci2*u[ijk+ii1] + ci3*u[ijk+ii2]))
                   + cg3*((ci0*u[ijk    ] + ci1*u[ijk+ii1] + ci2*u[ijk+ii2] + ci3*u[ijk+ii3]) * (ci0*u[ijk    ] + ci1*u[ijk+ii1] + ci2*u[ijk+ii2] + ci3*u[ijk+ii3])) ) * cgi*dxi;

        if(dim == 3)
        {
          ut[ijk] -= ( cg0*((ci0*v[ijk-ii2-jj1] + ci1*v[ijk-ii1-jj1] + ci2*v[ijk-jj1] + ci3*v[ijk+ii1-jj1]) * (ci0*u[ijk-jj3] + ci1*u[ijk-jj2] + ci2*u[ijk-jj1] + ci3*u[ijk    ]))
                     + cg1*((ci0*v[ijk-ii2    ] + ci1*v[ijk-ii1    ] + ci2*v[ijk    ] + ci3*v[ijk+ii1    ]) * (ci0*u[ijk-jj2] + ci1*u[ijk-jj1] + ci2*u[ijk    ] + ci3*u[ijk+jj1]))
                     + cg2*((ci0*v[ijk-ii2+jj1] + ci1*v[ijk-ii1+jj1] + ci2*v[ijk+jj1] + ci3*v[ijk+ii1+jj1]) * (ci0*u[ijk-jj1] + ci1*u[ijk    ] + ci2*u[ijk+jj1] + ci3*u[ijk+jj2]))
                     + cg3*((ci0*v[ijk-ii2+jj2] + ci1*v[ijk-ii1+jj2] + ci2*v[ijk+jj2] + ci3*v[ijk+ii1+jj2]) * (ci0*u[ijk    ] + ci1*u[ijk+jj1] + ci2*u[ijk+jj2] + ci3*u[ijk+jj3])) ) * cgi*dyi;
        }

        ut[ijk] -= ( cg0*((ci0*w[ijk-ii2-kk1] + ci1*w[ijk-ii1-kk1] + ci2*w[ijk-kk1] + ci3*w[ijk+ii1-kk1]) * (ci0*u[ijk-kk3] + ci1*u[ijk-kk2] + ci2*u[ijk-kk1] + ci3*u[ijk    ]))
                   + cg1*((ci0*w[ijk-ii2    ] + ci1*w[ijk-ii1    ] + ci2*w[ijk    ] + ci3*w[ijk+ii1    ]) * (ci0*u[ijk-kk2] + ci1*u[ijk-kk1] + ci2*u[ijk    ] + ci3*u[ijk+kk1]))
                   + cg2*((ci0*w[ijk-ii2+kk1] + ci1*w[ijk-ii1+kk1] + ci2*w[ijk+kk1] + ci3*w[ijk+ii1+kk1]) * (ci0*u[ijk-kk1] + ci1*u[ijk    ] + ci2*u[ijk+kk1] + ci3*u[ijk+kk2]))
                   + cg3*((ci0*w[ijk-ii2+kk2] + ci1*w[ijk-ii1+kk2] + ci2*w[ijk+kk2] + ci3*w[ijk+ii1+kk2]) * (ci0*u[ijk    ] + ci1*u[ijk+kk1] + ci2*u[ijk+kk2] + ci3*u[ijk+kk3])) )
                   * dzi4[k];
      }
}

In case variable dim equals 3, this function is almost 50 per cent slower than the old version, which did not contain templates. Why do templates make this function so slow? I expected to get identical results as after parsing of the template, my old and new version are identical.