Statement of Financial Position
as at 31 December 2017
Discretionary Portfolio | Directed Portfolio | Total | |||||
---|---|---|---|---|---|---|---|
Note | 2017 €m |
2016 €m |
2017 €m |
2016 €m |
2017 €m |
2016 €m |
|
Assets | |||||||
Investments | 7, 8 | 7,512 | 7,169 | 11,537 | 12,651 | 19,049 | 19,820 |
Loans and receivables | 7, 8 | 726 | 461 | - | 25 | 726 | 486 |
Trade and other receivables | 9 | 31 | 61 | - | - | 31 | 61 |
Balance due from brokers | 7 | 0 | 39 | - | - | 0 | 39 |
Cash and cash equivalents | 12 | 450 | 427 | 215 | 215 | 665 | 642 |
Total assets | 8,719 | 8,157 | 11,752 | 12,891 | 20,471 | 21,048 | |
Liabilities |
|||||||
Derivatives | 7 | (3) | (48) | - | - | (3) | (48) |
Other liabilities | 10 | (30) | (18) | (0) | (0) | (30) | (18) |
Total liabilities | (33) | (66) | (0) | (0) | (33) | (66) | |
Net assets of the Fund at year end |
8,686 |
8,091 |
11,752 |
12,891 |
20,438 |
20,982 |
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