Statement of Income and Expenditure and Other Comprehensive Income

For the year ended 31 December

Note 2015
€'000
2014
€'000
Income
Operating income 6 66,357 55,501
Central fund income 7 42,281 44,439
Net deferred retirement benefit funding 9 7,761 1,117
Transfer from capital account 16 791 245
117,190 101,302
Expenditure
Staff costs 8 (98,693) (81,919)
Other operating expenses 8 (18,022) (19,015)
Net interest expenses 10.5 (475) (368)
(117,190) (101,302)
Net Income/Expenditure - -
Other Comprehensive Income
For the year ended 31 December

Note
2015
€'000
2014
€'000
Actuarial gain / (loss) recognised on retirement benefit obligations 10.6 14,375 (20,871)
Movement in deferred retirement benefit funding 9.2 (14,375) 20,871
Total recognised gain / (loss) - -

The accompanying notes form an integral part of the financial statements.

On behalf of the Agency.

Conor O'Kelly, Chief Executive
National treasury Management Agency

Willie Walsh, Chairperson
National Treasury Management Agency

24 May 2016