Statement of Cash Flows
| Discretionary portfolio 1 Jan 2015 to 31 Dec €'m |
Discretionary portfolio 22 Dec 2014 to 31 Dec €'m |
Directed portfolio 1 Jan 2015 to 31 Dec €'m |
Directed portfolio 22 Dec 2014 to 31 Dec €'m |
Total 1 Jan 2015 to 31 Dec 2015 €'m |
Total 22 Dec 2014 to 31 Dec 2014 €'m |
|
|---|---|---|---|---|---|---|
| Cash flow from operating activities | ||||||
| Interest received | 46 | - | - | - | 46 | - |
| Tax reclaims received | 1 | - | - | - | 1 | - |
| Dividends received | 34 | - | 446 | - | 480 | - |
| Other income received | 26 | - | - | - | 26 | - |
| Proceeds from sale of investments | 7,207 | 275 | 2,465 | 1,109 | 9,672 | 1,384 |
| Purchase of investments | (7,845) | (93) | - | - | (7,845) | (93) |
| Net cash collateral received | 15 | - | - | - | 15 | - |
| Net receipts from derivative activities | 0 | - | - | - | 0 | - |
| Operating expenses paid | (15) | - | - | - | (15) | - |
| Net cash from operating activities | (531) | 182 | 2,911 | 1,109 | 2,380 | 1,291 |
| Cash flows from financing activities | ||||||
| Transfer between portfolios | 280 | - | (280) | - | - | - |
| Transfer (to) / from the Exchequer | 335 | - | (3,500) | - | (3,165) | - |
| Transfer from the NPRF | 0 | 1,505 | - | - | 0 | 1,505 |
| Net cash from financing activities | 615 | 1,505 | (3,780) | - | (3,165) | 1,505 |
| Net (decrease)/increase in cash and cash equivalents | 84 | 1,687 | (869) | 1,109 | (785) | 2,796 |
| Opening Cash and cash equivalents | 1,689 | - | 1,109 | - | 2,798 | - |
| Effect of exchange rate fluctuations on cash and cash equivalents | (42) | 2 | - | - | (42) | 2 |
| Closing Cash and cash equivalents | 1,731 | 1,689 | 240 | 1,109 | 1,971 | 2,798 |