National Asset Management Agency - Annual Report 2013

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

As at 31 December 2013


31 December 2013


Note
Other
equity
€'000
Retained
earnings
€'000
Other
reserves
€'000
Total
equity
€'000
At the beginning of the year 1,593,000 (659,039) (522,214) 411,747
Profit for the year 37 - 211,440 - 211,440
Other comprehensive income:
Movement in cash flow hedge reserve 36 - - 256,012 256,012
Movement in available for sale reserve 36 - - (4,127) (4,127)
Income tax relating to components of other comprehensive income
14

-

-

(65,134)

(65,134)
Total comprehensive income 1,593,000 (447,599) (335,463) 809,938
Balance at 31 December 2013 attributable to owners of the parent
1,593,000

(447,599)

(335,463)

809,938


31 December 2012


Note
Other
equity
€'000
Retained
earnings
€'000
Other
reserves
€'000
Total
equity
€'000
At the beginning of the year 1,601,000 (887,535) (192,141) 521,324
Profit for the year 37 - 228,496 - 228,496
Other comprehensive income:
Movement in cash flow hedge reserve 36 - - (439,821) (439,821)
Movement in available for sale reserve 36 - - 2,297 2,297
Income tax relating to components of other comprehensive income
14

-

-

107,451

107,451
Total comprehensive income 1,601,000 (659,039) (522,214) 419,747
Issue of other equity 35 1,000 - - 1,000
Cancellation of other equity 35 (9,000) - - (9,000)
Balance at 31 December 2012 attributable to owners of the parent
1,593,000

(659,039)

(522,214)

411,747

The accompanying notes form an integral part of these consolidated financial statements.

On behalf of the Board
9 May 2014

Signature of Brendan McDonagh, Chief Executive Officer
Signature of Frank Daly, Chairman

Brendan McDonagh
Chief Executive Officer

Frank Daly
Chairman