ANNUAL REPORT 2011 - Horse Racing Ireland

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Audited Reports& Group FinancialStatements22 Horse Racing Ireland Annual Report 2011
Members AND OTHER INFORMATIONMembers Mr. Denis Brosnan ChairpersonMr. Roderick RyanVice ChairpersonMr. John McStay (Retired 5 February 2012)Mr. Noel CloakeMr. William FloodMr. Joe HernonMr. Michael HickeyMr. Francis HylandMr. Noel MeadeMr. John MoloneyMr. Jim NicholsonMs. Mary O’ConnorMr. John PowerMr. Bernard CaldwellSecretaryMr. Raymond HoranRegistered OfficeBallymanyThe CurraghCo. KildareAuditorsComptroller and Auditor GeneralDublin CastleDublin 2SolicitorsArthur CoxEarlsfort CentreEarlsfort TerraceDublin 2BankersBank of IrelandAllied Irish Banks plcUlster Bank Ireland LimitedKBC Bank Ireland plcIrish Life and Permanent plcHorse Racing Ireland Annual Report 2011 23
Page 1 and 2: Horse Racing IrelandANNUALREPORT201
Page 3 and 4: MISSION STATEMENTTo develop and pro
Page 5 and 6: FINANCE COMMITTEEDenis Brosnan Chai
Page 7 and 8: The Minister for Agriculture, Food
Page 9 and 10: major contributor to the national e
Page 11 and 12: Payments made to Racecourses for va
Page 13 and 14: acecourse turnstiles. Similarly, HR
Page 15 and 16: HRI RACECOURSE DIVISION2011 was the
Page 17 and 18: NavanNavan raced 19 times in 2011,
Page 19 and 20: also continued its association with
Page 21 and 22: Mullins. Ian Ferguson sent out Zems
Page 23: causing a 25/1 shock in the Group 1
Page 27 and 28: Comptroller and Auditor GeneralRepo
Page 29 and 30: STATEMENT ON INTERNAL FINANCIAL CON
Page 31 and 32: STATEMENT OF ACCOUNTING POLICIES (C
Page 33 and 34: GROUP INCOME AND EXPENDITURE ACCOUN
Page 35 and 36: GROUP BALANCE SHEETAS AT 31 DECEMBE
Page 37 and 38: GROUP CASH FLOW STATEMENTFOR THE YE
Page 39 and 40: NOTES TO THE FINANCIAL STATEMENTSFO

ANNUAL REPORT 2011 - Horse Racing Ireland

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