Group Statement of Financial Position

at 31 December 2022

 

Notes

2022

2021

   

€’000

€’000

       

ASSETS

     

Non-Current Assets

     

Property, plant and equipment

8

58,145

62,810

Intangible assets

9

4,252

7,968

Financial assets

18

892

1,118

Pension asset

19

180,590

147,714

Derivative financial instruments

21

-

13

Total Non-Current Assets

 

243,879

219,623

       

Current Assets

     

Inventories

10

25,951

27,105

Receivables and prepayments

11

61,907

60,096

Liquid investments

12

60,772

38,892

Cash and cash equivalents

13

53,290

62,500

Derivative financial instruments

21

32

257

Total Current Assets

 

201,952

188,850

       

Total Assets

 

445,831

408,473

       

EQUITY

     

Retained earnings

 

232,334

202,127

       

LIABILITIES

     

Non-Current Liabilities

     

Interest-bearing loans and borrowings

14

59,500

63,500

Employee benefits

17

7,859

9,436

Trade and other payables

15

15,170

7,575

Deferred tax liabilities

20

1,125

1,598

Capital grants

23

3,632

4,014

Lease liability

25

2,801

3,265

Derivative financial instruments

21

6

-

Total Non-Current Liabilities

 

90,093

89,388

       

Current Liabilities

     

Trade and other payables

15

91,734

88,291

Borrowings and other Debt

14

3,625

1,500

Taxation and social welfare

16

12,080

11,660

Capital grants

23

382

394

Lease liability

25

548

576

Employee benefits

17

14,935

14,536

Derivative financial instruments

21

100

1

Total Current Liabilities

 

123,404

116,958

       

Total Liabilities

 

213,497

206,346

Total Equity and Liabilities

 

445,831

408,473

On behalf of the Board

 

Siún Ní Raghallaigh

Chair

Anne O’Leary

Board Member and Chair of

the Audit and Risk Committee

20 June 2023