12. State Savings Schemes
| 2016 €m |
2015 €m |
||
|---|---|---|---|
| Savings Certificates | 5,908 | 5,915 | |
| Savings Bonds | 3,747 | 4,366 | |
| National Solidarity Bonds | 4,149 | 3,445 | |
| Prize Bonds | 2,892 | 2,481 | |
| Instalment Savings | 496 | 483 | |
| Savings Stamps | 2 | 2 | |
| 17,194 | 16,692 |
Amounts shown in respect of Savings Certificates, Instalment Savings, Savings Bonds, Solidarity Bonds and Prize Bonds are net of €5.7 million (2015: €0.3 million) cash balances held by An Post, Permanent TSB and the Prize Bond Company. An Post and the Prize Bond Company act as registrars for the respective schemes.
As these financial statements are prepared on a cash basis, the liabilities do not include the sum of €451 million (2015: €504 million), being the estimate of the amount of accrued interest at 31 December 2016 in respect of Savings Bonds, Savings Certificates, National Solidarity Bonds and Instalment Savings.