6. Loans and Receivable
Post Office Savings Bank Fund
2015 €'000 |
2014 €'000 |
|
---|---|---|
Advances to the Exchequer | 1,114,370 | 455,927 |
Advances to the State Claims Agency | 2,800 | 3,800 |
Advances to the National Development Finance Agency | 470 | - |
1,117,640 | 459,727 |
Advances to the Exchequer represent Ways and Means funds, which have been loaned to the Exchequer.
No financing costs were charged by the Fund to the State Claims Agency or the National Development Finance Agency.