Statement of Income and Expenditure and Retained Earnings
Year Ended 31 December
| Note | 2015 €'000 |
2014 €'000 |
|
|---|---|---|---|
| Investment Income | 3 | 9,241 | 129,625 |
| Interest Paid and Payable | 4 | (8,118) | (8,121) |
| Operating Expenses | 5 | (26,821) | (27,312) |
| (Deficit)/Surplus for the Year | (26,821) | 94,192 | |
| Balance at Beginning of Year | 190,410 | 96,218 | |
| Balance at End of Year | 164,712 | 190,410 |
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