15. Creditors: amounts falling due after 1 year

NTMA Administration Account

2015
€'000
2014
€'000
Deferred Income 158 627
Other Provisions 672 672
830 1,299

Deferred income relates to a reverse premium on rental payments of leasehold premises (note 17). The value of the reverse premium has been spread across the life of the lease. This treatment has resulted in income of €2.0m that will be credited to the Statement of Income and Expenditure on an annual basis in the period January 2013 to April 2017.

Other provisions include premises costs (note 22). Provision movement in the period is detailed as follows:

2015
€'000
2014
€'000
At 1 Jan 672 672
Additions - -
Charges - -
Reversals - -
At 31 Dec 672 672

< PREVIOUS NOTE

NEXT NOTE >