Statement of Comprehensive Income
for the year ended 31 December 2017
Discretionary Portfolio | Directed Portfolio | Total | |||||
---|---|---|---|---|---|---|---|
Note | 2017 €m |
2016 €m |
2017 €m |
2016 €m |
2017 €m |
2016 €m |
|
Income | |||||||
Interest income | 4 | 89 | 61 | 0 | 0 | 89 | 61 |
Dividend income | 4 | 7 | 16 | 250 | - | 257 | 16 |
Private equity, property and other income |
4 |
19 |
13 |
- |
- |
19 |
13 |
Net gains/(losses) on financial assets and liabilities at fair value through profit or loss |
8 |
264 |
160 |
2,320 |
(1,110) |
2,584 |
(950) |
Net investment income/(loss) | 379 | 250 | 2,570 | (1,110) | 2,949 | (860) | |
Expenses |
|||||||
Operating expenses | 5 | (32) | (26) | (0) | (0) | (32) | (26) |
Profit/(loss) for the financial year before tax | 347 | 224 | 2,570 | (1,110) | 2,917 | (886) | |
Taxation | 6 | (2) | 10 | - | - | (2) | 10 |
Profit/(loss) for the financial year | 345 | 234 | 2,570 | (1,110) | 2,915 | (876) |
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