Investment and Disbursement Account

For the year ended 31 December 2016

Note 2016
€000
2015
€000
Moneys transferred to the Fund in respect of dormant
accounts and unclaimed assurance policies

3

54,590

53,900
Amounts transferred to Reserve Account 4 (31,877) (21,199)
Disbursements 5 (12,041) (8,939)
Interest (Expense)/Income 6 (12) 334
Movement for the year 10,660 24,096
Balance at 1 January 171,833 147,737
Balance at 31 December 182,493 171,833

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

8 May 2017