Reserve Account


For the year ended 31 December 2016

Note 2016
€000
2015
€000
Repayment of moneys transferred to the Fund 3 (25,075) (17,375)
Interest on repayment of moneys transferred to the Fund 3 (147) (183)
Transfer from Investment and Disbursements Account 4 31,877 21,199
Interest (Expense)/Income 6 (44) 134
Operating Expenses 7 (200) (750)
Movement for the year 6,411 3,025
Balance at 1 January 70,080 67,055
Balance at 31 December 76,491 70,080

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