IE Domain Registry Annual Report 2019

IE Domain Registry  Annual Report & Review  2019 2 Performance Highlights 2019 Extract from the audited Financial Statements Profit and Loss Year to 31 Dec 2019 Year to 31 Dec 2018 € € Registration Revenue 3,605,404 3,317,336 Administration Expenses (1,762,966) (1,608,796) Employment Costs (1,631,745) (1,449,246) Depreciation (125,897) (111,736) Operating profit 84,796 147,558 Unrealised gains/(losses) on financial investment 193,974 (122,033) Profit on sale of financial investment 0 9,411 Interest income 14,211 9,307 Taxation (61,543) 24,158 Profit after taxation 231,438 68,401 Balance Sheet At 31 Dec 2019 At 31 Dec 2018 € € Fixed Assets 77,230 101,008 Investments 4,378,689 4,184,715 Current Assets 3,367,858 2,910,556 Creditors <1 year, excluding Deferred Income (1,099,400) (866,391) Deferred Income (2,506,577) (2,390,458) Creditors >1 year (72,192) (25,260) Members’ Funds 4,145,608 3,914,170 Cash Flow Year to 31 Dec 2019 Year to 31 Dec 2018 € € Net cash inflow from operating activities 505,385 534,145 Increase/(Decrease) in cash in the year 419,722 (533,040) Performance Highlights