RTÉ Statement of Financial Position

at 31 December 2022

 

Notes

2022

2021

   

€’000

€’000

       

ASSETS

     

Non-Current Assets

     

Property, plant and equipment

8

20,515

21,960

Intangible assets

9

4,163

7,856

Investments in subsidiaries

18

65,827

65,827

Pension asset

19

180,590

147,714

Derivative financial instruments

21

-

13

Deferred tax asset

20

1,342

1,175

Total Non-Current Assets

 

272,437

244,545

       

Current Assets

     

Inventories

10

25,745

27,021

Receivables and prepayments

11

52,767

52,777

Liquid investments

12

60,772

38,892

Cash and cash equivalents

13

39,816

45,537

Derivative financial instruments

21

32

257

Total Current Assets

 

179,132

164,484

       

Total Assets

 

451,569

409,029

       

EQUITY

     

Retained earnings

 

107,135

81,999

       

LIABILITIES

     

Non-Current Liabilities

     

Employee benefits

17

7,700

9,259

Interest-bearing loans and borrowings

14

7,000

8,500

Trade and other payables

15

15,170

7,575

Lease liability

25

1,870

2,180

Derivative financial instruments

21

6

-

Total Non-Current Liabilities

 

31,746

27,514

       

Current Liabilities

     

Trade and other payables

15

285,072

272,297

Borrowings and other Debt

14

1,125

1,500

Lease liability

25

393

346

Taxation and social welfare

16

11,239

10,878

Employee benefits

17

14,759

14,494

Derivative financial instruments

21

100

1

Total Current Liabilities

 

312,688

299,516

       

Total Liabilities

 

344,434

327,030

Total Equity and Liabilities

 

451,569

409,029

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