Reserve Account
For the year ended 31 December 2016
Note | 2016 €000 |
2015 €000 |
|
---|---|---|---|
Repayment of moneys transferred to the Fund | 3 | (25,075) | (17,375) |
Interest on repayment of moneys transferred to the Fund | 3 | (147) | (183) |
Transfer from Investment and Disbursements Account | 4 | 31,877 | 21,199 |
Interest (Expense)/Income | 6 | (44) | 134 |
Operating Expenses | 7 | (200) | (750) |
Movement for the year | 6,411 | 3,025 | |
Balance at 1 January | 70,080 | 67,055 | |
Balance at 31 December | 76,491 | 70,080 |
The accompanying notes form an integral part of the financial statements.
On behalf of the Agency
![](images/Conor_O_Kelly_sig.jpg)
Conor O’Kelly, Chief Executive
National Treasury Management Agency
![](images/Willie_Walsh_sig.jpg)
Willie Walsh, Chairperson
National Treasury Management Agency
8 May 2017