Annual Reports - RTÉ

ANNUAL REPORT & GROUP FINANCIAL STATEMENTS 2007
1 Principal activities and segmental information (continued)
(g) Analysis of network charges to all RTÉ Services (including TG4)
2007 2006
€’000 €’000
RTÉ One 3,485 3,136
RTÉ Two 3,485 3,136
RTÉ Radio 1 3,594 3,355
RTÉ 2fm 975 926
RTÉ lyric fm 981 931
RTÉ Raidió na Gaeltachta 990 940
RTÉ support provided to TG4 and
Seirbhísí Theilifís na Gaeilge Teoranta (up to 31 March 2007) 862 3,269
14,372 15,693
2 Operating costs
2007 2006
€’000 €’000
Employee costs (note 5) 169,615 152,814
Other personnel related costs 46,185 42,218
Personnel related operating costs 215,800 195,032
Direct commissioned programme costs 70,211 66,885
Direct acquired programme costs 22,684 22,337
Sports and other copyrights 16,861 17,511
Outside broadcast contracts 7,172 6,935
International communication circuits 3,582 2,971
Guide printing and related costs 3,585 3,613
Network electricity 3,244 3,020
Music licences 6,448 6,543
Insurance policies 1,457 1,556
Depreciation and amortisation 18,846 17,086
Other costs 60,299 60,171
Non Personnel related operating costs 214,389 208,628
Total operating costs 430,189 403,660
3 Finance income and expense
2007 2006
€’000 €’000
Interest income on bank deposits 3,970 2,392
Finance income 3,970 2,392
Unwind of discount on restructuring provision (note 18) 728 688
Fair value losses on derivative financial instruments 803 539
Other finance costs 3 -
Finance expense 1,534 1,227
Expected return on scheme assets (note 19) 62,098 55,611
Interest cost on scheme liabilities (note 19) (45,914) (41,126)
Net defined benefit pension related finance income 16,184 14,485
Net finance income recognised in income statement 18,620 15,650
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