The main Irish based operating subsidiary of US technology giant Apple paid a dividend of around $25 billion to its parent Apple Inc last year, after its income before tax doubled to $67 billion.
The Apple Operations International Limited (AOIL) holding company itself made a profit of $26 billion over the 12 months, down from $70 billion in 2020.
But when other subsidiaries managed by it were included, the group collectively had an income or profit before tax of $67 billion, double the $33.8 billion recorded in 2020.
According to newly filed accounts, the company and its subsidiaries made a provision for income taxes of $11.6 billion, up from $6.2 billion in the previous year.
$8.5 billion of that total was corporation tax.
The accounts don't break out how much of that tax was paid in Ireland and how much in the US, where the dividend was subject to tax.
Apple Operations International Limited has its registered address at the company’s European headquarters at the Holyhill Industrial Estate in Cork.
It acts as a holding company for the management of much of Apple’s operations outside the US and its accounts record activities around the development, manufacture and marketing of the businesses devices and services.
The accounts show that AOIL recorded net sales in 2021 of $211.1, up 42% on the previous year.
$178 billion of that was spent on products, while $32 billion of the sales were for services.
Cost of sales rose from $90 billion in 2020 to $122 billion in 2021.
Research and development costs fell to $12.5 billion from $15.5 billion in 2020.
Its gross margin was 42.4%, up slightly on the previous year.
Total employment across Apple Operations International Limited and its subsidiaries came to 52,563 full-time equivalents, up from 51,255 in 2020.
Remuneration for the period totalled $5.8 billion, up from $4.8 billion a year earlier
Apple currently employs around 6,000 people across a wide variety of operations in Ireland.
