Statement of Financial Position
as at 31 December 2016
Discretionary | portfolio | Directed | portfolio | Total | |||
---|---|---|---|---|---|---|---|
Note | 2016 €m |
2015 €m |
2016 €m |
2015 €m |
2016 €m |
2015 €m |
|
Assets | |||||||
Investments | 7, 8 | 7,169 | 5,356 | 12,651 | 13,761 | 19,820 | 19,117 |
Loans and receivables | 7, 8 | 461 | 395 | 25 | - | 486 | 395 |
Trade and other receivables | 9 | 61 | 396 | - | - | 61 | 396 |
Balance due from brokers | 7 | 39 | - | - | - | 39 | - |
Cash and cash equivalents | 12 | 427 | 1,731 | 215 | 240 | 642 | 1,971 |
Total assets | 8,157 | 7,878 | 12,891 | 14,001 | 21,048 | 21,879 | |
Liabilities |
|||||||
Financial liabilities | 7 | (48) | (1) | - | - | (48) | (1) |
Balance due to brokers | 7 | - | (15) | - | - | - | (15) |
Other liabilities | 10 | (18) | (5) | (0) | (0) | (18) | (5) |
Total liabilities | (66) | (21) | (0) | (0) | (66) | (21) | |
Net assets of the Fund at year end |
8,091 |
7,857 |
12,891 |
14,001 |
20,982 |
21,858 |
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