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Annual Report &
Group Financial Statements 2005
 
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Contents

Vision and Mission
Highlights
What we do
Chairman’s statement
Director-General’s review
Financial review
Authority
Executive Board
Corporate governance
Authority members’ report
Audit Committee report
Remuneration report
Statement of Authority
members’ responsibilities
Independent auditor’s report
Statement of accounting policies
Group statement of income
and expenditure
Movements in income and
expenditure account
Statement of total recognised
gains and losses
Group balance sheet
Group cash flow statement
RTÉ balance sheet
Notes forming part of the Group financial statements
01 02 03 04 05 06 07
08 09 10 11 12 13 14
15 16 17 18 19 20 21
Financial history
Charter
Additional statistical information
Home
 

Group statement of income and expenditure
for the year ended 31 December 2005


  2005 2004
 
  Notes Under
SSAP24
FRS 17
impact 1
Total Under
SSAP24
FRS 17
impact 1
Total
(as restated)
    €’000 €’000 €’000 €’000 €’000 €’000
               
Revenue 1 369,888 - 369,888 342,882 - 342,882
Operating costs before interest, tax, depreciation and amortisation   (346,338) (5,009) (351,347) (315,308) (3,831) (319,139)
Operating costs of STnaG, net of revenue (1,146) - (1,146) - - -
               
Operating surplus before interest, tax, depreciation and amortisation   22,404 (5,009) 17,395 27,574 (3,831) 23,743
               
Depreciation and amortisation              
Continuing operations, excl. STnaG 7 (15,177) - (15,177) (15,672) - (15,672)
STnaG depreciation, net of capital grant amortisation 7 (778) - (778) - - -
Write-down of plant and equipment/ fixtures and fittings 3 - - - (8,272) - (8,272)
Building impairment charge 3 - - - (10,767) - (10,767)
               
    6,449 (5,009) 1,440 (7,137) (3,831) (10,968)
               
Gain on disposal of tangible fixed assets   104 - 104 31 - 31
Gain on disposal of financial assets 11 505 - 505 - - -
Excess of insurance proceeds received by STnaG over related asset values 7 1,075 - 1,075 - - -
Gain on disposal of surplus transmitter site before capital gains tax 4 - - - 16,588 - 16,588
               
Surplus before interest and tax   8,133 (5,009) 3,124 9,482 (3,831) 5,651
Interest receivable and similar income 5 1,597 - 1,597 1,160 - 1,160
Interest payable and similar charges 6 (445) - (445) (571) - (571)
Other finance income 5,16 - 12,185 12,185 - 15,730 15,730
               
Surplus on ordinary
activities before taxation
7 9,285 7,176 16,461 10,071 11,899 21,970
               
Tax on surplus on ordinary activities              
Corporation tax on surplus on ordinary activities 9 - - - - - -
Capital gains tax arising on gain on disposal of surplus transmitter site 4 - - - (3,266) - (3,266)
Surplus for the year 9,285 7,176 16,461 6,805 11,899 18,704
               
1 : See note 16.              


All revenues and the surplus on ordinary activities before interest arose from continuing operations.

On behalf of the Authority

Mary Finan Chairman
Cathal Goan Director-General
Paddy Marron Authority Member and Chairman of the Audit Committee

 

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