RTÉ 2021 Annual Report

RTÉ Statement of Financial Position

at 31 December 2021

	Notes	2021	2020
		€’000	€’000

ASSETS
Non-Current Assets
Property, plant and equipment	8	21,960	16,049
Intangible assets	9	7,856	4,772
Investments in subsidiaries	18	65,827	65,827
Pension asset	19	147,714	150,816
Derivative financial instruments	21	13	-
Deferred tax asset	20	1,175	-
Total Non-Current Assets		244,545	237,464

Current Assets
Inventories	10	27,021	26,589
Receivables and prepayments	11	52,777	62,372
Liquid investments	12	38,892	10,000
Cash and cash equivalents	13	45,537	64,487
Derivative financial instruments	21	257	3
Total Current Assets		164,484	163,451

Total Assets		409,029	400,915

EQUITY
Retained earnings		81,999	83,791

LIABILITIES
Non-Current Liabilities
Employee benefits	17	9,259	8,679
Interest-bearing loans and borrowings	14	8,500	10,000
Trade and other payables	15	7,575	4,560
Deferred tax liability	20	-	4,006
Lease liability	25	2,180	657
Derivative financial instruments	21	-	79
Total Non-Current Liabilities		27,514	27,981

Current Liabilities
Trade and other payables	15	272,297	257,695
Borrowings and other Debt	14	1,500	-
Lease liability	25	346	241
Taxation and social welfare	16	10,878	10,462
Employee benefits	17	14,494	20,404
Derivative financial instruments	21	1	341
Total Current Liabilities		299,516	289,143

Total Liabilities		327,030	317,124
Total Equity and Liabilities		409,029	400,915

On behalf of the Board

Moya Doherty

Chair

Board Member and Chair of

the Audit and Risk Committee

Director-General

28 April 2022