Balance Sheet

As at 31 December 2022

	Notes	2022	2021
		€’000	€’000
Fixed assets
Tangible assets	11	694,719	661,383
Investment Properties	12	8,315	9,165
Intangible assets	13	329	300
		703,363	670,848
Current assets
Development land receivable	14	1,246	1,246
Inventories	15	709	638
Debtors – Amounts falling due within one year	16	20,874	15,635
Cash at bank and in hand		227,881	123,968
Defined benefit pension asset (due after more than one year)	17	57,869	52,658
		308,579	194,145

Creditors – Amounts falling due within one year	18	(24,057	(18,062)

Net current assets		284,522	176,083
Total assets less current liabilities		987,885	846,931

Creditors – Amounts falling due after one year	19	(389,344)	(295,058)

Provisions for liabilities
Other provisions for liabilities	22	(16,917)	(16,123)
Net Assets		581,624	535,750

Capital and reserves
Called up share capital presented as equity	23	14,464	14,464
Capital conversion reserve fund	23	119	119
Profit and loss account		566,323	520,449
Capital contribution	23	718	718
Total equity		581,624	535,750

The financial statements on pages 49 to 86 were authorised for issue by the Board of Directors on 31st March 2023 and signed on its behalf.

On Behalf of the Board

Jerry Grant	Barry O’Connell
Chairperson	Chief Executive

31st March 2023