Investment and Disbursement Account

For the year ended 31 December 2017

Note 2017
€000
2016
€000
Moneys transferred to the Fund in respect of dormant
accounts and unclaimed assurance policies

3

53,020

54,590
Amounts transferred to Reserve Account 4 (29,075) (31,877)
Disbursements 5 (15,653) (12,041)
Interest Expense 6 (123) (12)
Movement for the year 8,169 10,660
Balance at 1 January 182,493 171,833
Balance at 31 December 190,662 182,493

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

On behalf of the Agency

Conor O'Kelly Signature

Conor O’Kelly, Chief Executive
National Treasury Management Agency

Willie Walsh Signature

Willie Walsh, Chairperson
National Treasury Management Agency

29 May 2018