Annual_Report2014

53 2014 Financial and Related Statements
Irish Auditing & Accounting Supervisory Authority
Statement of Changes in Equity for the year ended 31 December, 2014
Income
Reserve
Capital
Account
Reserve
Fund
NET
ASSETS
€ € € €
Balance – 1 January 2013 - 18,474 440,614 459,088
(Shortfall) for the year (78) - - (78)
Transfer from Income & Expenditure
Account:
Income applied to capitalised
asset acquisitions
Less: Amortisation applied in line
with asset depreciation
Income received on Reserve Fund
monies
Amounts receivable in respect of
fines (S. 23)
(642) 642 - -
8,259 (8,259) - -
(7,539) - 7,539 -
- - - -
Actuarial gain on pension liabilities 189,000 - - 189,000
Adjustment to deferred Exchequer
pension funding
Balance – 31 December 2013 / 1
January 2014
(189,000) - - (189,000)
- 10,857 448,153 459,010
(Shortfall) for the year (26,074) - - (26,074)
Transfer from Income & Expenditure
Account:
Income applied to capitalised
asset acquisitions
Less: Amortisation applied in line
with asset depreciation
Income received on Reserve Fund
monies
Amounts receivable in respect of
fines (S. 23)
Amounts payable from Reserve
Fund (S. 24)
Actuarial (loss) on pension
liabilities
Adjustments to deferred
Exchequer pension funding
(11,236) 11,236 - -
8,388 (8,388) - -
(4,741) - 4,741 -
(22,000) - 22,000 -
55,663 (55,663)
(486,000) - - (486,000)
486,000 - - 486,000
Balance – 31 December 2014 - 13,705 419,231 432,936
-
-
Approved and authorised for issue by the Board of Directors and signed on its behalf:
Brendan Walsh
Chairperson
Helen Hall
Chief Executive
15 June 2015