RTÉ 2020 Annual Report - Group Statement of Financial Position

Group Statement of Financial Position

at 31 December 2020

	Notes	2020	2019
		€’000	€’000

ASSETS
Non-Current Assets
Property, plant and equipment	9	60,982	71,028
Intangible assets	10	4,772	6,311
Financial assets	20	582	346
Pension asset	21	150,816	110,404
Total Non-Current Assets		217,152	188,089

Current Assets
Inventories	11	26,669	27,689
Receivables and prepayments	12	70,924	62,839
Liquid investments	13	10,000	29,000
Cash and cash equivalents	14	77,165	40,149
Derivative financial instruments	23	3	326
Total Current Assets		184,761	160,003

Total Assets		401,913	348,092

EQUITY
Retained earnings		198,144	155,308

LIABILITIES
Non-Current Liabilities
Interest-bearing loans and borrowings	15	65,000	60,000
Employee benefits	18	8,852	11,557
Trade and other payables	16	4,560	2,533
Deferred tax liabilities	22	7,114	2,230
Capital grants	25	4,408	4,518
Lease liability	27	1,972	2,688
Derivative financial instruments	23	79	10
Total Non-Current Liabilities		91,985	83,536

Current Liabilities
Trade and other payables	16	77,038	85,230
Taxation and social welfare	17	13,062	9,541
Capital grants	25	403	3,386
Lease liability	27	467	436
Employee benefits	18	20,473	10,655
Derivative financial instruments	23	341	-
Total Current Liabilities		111,784	109,248

Total Liabilities		203,769	192,784
Total Equity and Liabilities		401,913	348,092

On behalf of the Board

Moya Doherty

Chair

Board Member and
Chair of the Audit and
Risk Committee

Director-General

29 April 2021