Statement of Income and Expenditure and Other Comprehensive Income
For the year ended 31 December 2017
Note | 2017 €000 |
2016 €000 |
|
---|---|---|---|
Income | |||
Operating income | 5 | 58,073 | 62,292 |
Central Fund income | 6 | 51,379 | 47,418 |
Net deferred retirement benefit funding | 8.1 | 7,533 | 4,392 |
Transfer to capital account | (586) | (13) | |
116,399 | 114,089 | ||
Expenditure |
|||
Staff costs | 7.2 | (94,012) | (94,627) |
Other operating expenses | 7.2 | (21,621) | (19,078) |
Net interest expense | 7.2 | (766) | (384) |
(116,399) | (114,089) | ||
Net Income/Expenditure | - | - |
Other Comprehensive Income For the year end 31 December 2017 |
Note | 2017 €000 |
2016 €000 |
---|---|---|---|
Actuarial gain/(loss) recognised on retirement benefit obligations | 9.6 | 15,491 | (18,347) |
Movement in deferred retirement benefit funding | 8.2 | (15,491) | 18,347 |
Total recognised gain/(loss) | - | - |
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