Reserve Account
For the year ended 31 December 2017
Note | 2017 €000 |
2016 €000 |
|
---|---|---|---|
Repayment of moneys transferred to the Fund | 3 | (24,371) | (25,075) |
Interest on repayment of moneys transferred to the Fund | 3 | (235) | (147) |
Transfer from Investment and Disbursements Account | 4 | 29,075 | 31,877 |
Interest Expense | 6 | (73) | (44) |
Operating Expenses | 7 | (427) | (200) |
Movement for the year | 3,969 | 6,411 | |
Balance at 1 January | 76,491 | 70,080 | |
Balance at 31 December | 80,460 | 76,491 |
The accompanying notes form an integral part of the financial statements.
On behalf of the Agency
![Conor O'Kelly Signature](images/conor_okelly_sig.jpg)
Conor O’Kelly, Chief Executive
National Treasury Management Agency
![Willie Walsh Signature](images/willie_walsh_sig.jpg)
Willie Walsh, Chairperson
National Treasury Management Agency
29 May 2018