Statement of Changes in Equity

as at 31 December

Note Capital Account
€'000
Balance at 1 January 2014 3,202
Payment to acquire fixed assets 1,194
Amortisation of capital in line with additional accumulated depreciation 22 (468)
Amortisation of capital in the period in line with depreciation charge (1,405)
Amount released on disposal of fixed assets (34)
Balance at 31 December 2014 2,489
Payment to acquire fixed assets 920
Amortisation of capital in the period in line with depreciation charge (1,707)
Amount released on disposal of fixed assets (4)
Balance at 31 December 2015 1,698

The accompanying notes form an integral part of the financial statements.

On behalf of the Agency.

Conor O'Kelly, Chief Executive
National treasury Management Agency

Willie Walsh, Chairperson
National Treasury Management Agency

24 May 2016