5. Surplus/(Deficit) before Income Tax

(a) The surplus/(deficit) before income tax includes the following amounts:

2020

2019

€’000

€’000

Licence Fee Income

- Grant in aid from the Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media

196,623

196,248

Net depreciation and amortisation

- Depreciation of property, plant and equipment

12,230

11,971

- Depreciation of right of use assets

333

764

- Amortisation of grant-aided assets and property provision

(298)

(65)

- Amortisation of intangible assets

1,278

1,133

13,543

13,803

Operating costs

- Gain on foreign exchange

(216)

(1,028)

- Other grant income received (note 25)

(1,893)

(815)

- Loss/(gain) on disposal of property, plant and equipment and intangible assets

8

(288)

(b) Auditors’ remuneration:

2020

2019

€’000

€’000

Group

Audit of the financial statements (including expenses)

120

120

Other assurance services

70

70

190

190

2020

2019

€’000

€’000

RTÉ

Audit of the financial statements (including expenses)

95

95

Other assurance services

40

40

135

135

(c) Directors’ remuneration:

2020

2019

€’000

€’000

Fees1

-

139

Other remuneration including retirement benefit contributions

306

338

306

477

1 In addition to Board fees, Robert Shortt was paid as an employee of RTÉ.

The amounts shown above as directors’ remuneration include only the amounts paid to the Board members in the execution of their duties as members of the Board and the salary of the Director-General. They do not include the salary of the employee Board member.

In November 2019, the Board announced their intention to waive their fees effective 1 January 2020. As a result no fees accrued to members in 2020. Further details on Board fees can be found in the Corporate Governance section.