Statement of Comprehensive Income
as at 31 December 2016
| Discretionary | portfolio | Directed | portfolio | Total | |||
|---|---|---|---|---|---|---|---|
| Note | 2016 €m |
2015 €m |
2016 €m |
2015 €m |
2016 €m |
2015 €m |
|
| Income | |||||||
| Interest income | 4 | 61 | 49 | (0) | 0 | 61 | 49 |
| Dividend income | 4 | 16 | 38 | - | 446 | 16 | 484 |
| Private equity, property and other income | 4 |
13 |
34 |
- |
- |
13 |
34 |
| Net gains / (losses) on financial assets and liabilities at fair value through profit or loss | 8 |
160 |
(31) |
(1,110) |
2,338 |
(950) |
2,307 |
| Net investment income / (loss) | 250 |
90 |
(1,110) |
2,784 |
(860) |
2,874 |
|
Expenses |
|||||||
| Operating expenses | 5 | (26) | (15) | (0) | (0) | (26) | (15) |
| Profit / (loss) for the financial year before tax | 224 |
75 |
(1,110) |
2,784 |
(886) |
2,859 |
|
| Taxation | 6 | 10 | (6) | - | - | 10 | (6) |
| Profit / (loss) for the financial year | 234 |
69 |
(1,110) |
2,784 |
(876) |
2,853 |
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