Investment and Disbursement Account
For the year ended 31 December 2016
| Note | 2016 €000 |
2015 €000 |
|
|---|---|---|---|
| Moneys transferred to the Fund in respect of dormant accounts and unclaimed assurance policies |
3 |
54,590 |
53,900 |
| Amounts transferred to Reserve Account | 4 | (31,877) | (21,199) |
| Disbursements | 5 | (12,041) | (8,939) |
| Interest (Expense)/Income | 6 | (12) | 334 |
| Movement for the year | 10,660 | 24,096 | |
| Balance at 1 January | 171,833 | 147,737 | |
| Balance at 31 December | 182,493 | 171,833 |
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
8 May 2017