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

Anne O’Leary

Board Member and
Chair of the Audit and
Risk Committee

Dee Forbes

Director-General

29 April 2021