IE Domain Registry Annual Report 2019

IE Domain Registry  Annual Report & Review  2019 38 Business and Market Review Five Year Summary Extract from the audited Financial Statements (financial figures only) Profit and Loss Year to 31 Dec 2019 Year to 31 Dec 2018 Year to 31 Dec 2017 Year to 31 Dec 2016 Year to 31 Dec 2015 € € € € € Registration Revenue 3,605,404 3,317,336 3,062,232 2,989,751 2,811,334 Administration Expenses (1,762,966) (1,608,796) (1,331,566) (1,687,344) (1,658,535) Employment Costs (1,631,745) (1,449,246) (1,404,097) (1,344,439) (1,462,973) Depreciation (125,897) (111,736) (140,363) (157,282) (206,908) Operating profit/(loss) 84,796 147,558 186,206 (199,314) (517,082) Unrealised gains/(losses) on financial investment 193,974 (122,033) 83,793 85,274 80,941 Profit on sale of financial investment 0 9,411 0 0 0 Interest income 14,211 9,307 7,229 10,709 21,444 Taxation (61,543) 24,158 (21,976) (23,188) 25,386 Profit/(loss) after taxation 231,438 68,401 255,252 (126,519) (389,311) Balance Sheet At 31 Dec 2019 At 31 Dec 2018 At 31 Dec 2017 At 31 Dec 2016 At 31 Dec 2015 € € € € € Fixed Assets 77,230 101,008 102,641 164,039 163,762 Investments 4,378,689 4,184,715 3,328,882 3,245,089 3,159,815 Current Assets 3,367,858 2,910,556 3,474,662 3,139,923 2,801,697 Creditors <1 year, excluding Deferred Income (1,099,400) (866,391) (836,023) (874,362) (437,514) Deferred Income (2,506,577) (2,390,458) (2,169,542) (2,049,351) (1,970,724) Creditors >1 year (72,192) (25,260) (54,851) (34,821) 0 Members’ Funds 4,145,608 3,914,170 3,845,769 3,590,517 3,717,036 5 Year Summary – Registration Growth YoY % change Year to 31 Dec 2019 Year to 31 Dec 2018 Year to 31 Dec 2017 Year to 31 Dec 2016 Year to 31 Dec 2015 At 1 January* 259,815 235,200 219,858 208,928 195,999 New Registrations -1.7% 50,167 51,040 39,523 34,615 35,225 Less : Deletions/Non-renewals 21.7% (32,151) (26,425) (24,181) (23,685) (22,296) Net Additions -26.8% 18,016 24,615 15,342 10,930 12,929 At 31 December* 277,831 259,815 235,200 219,858 208,928 Net – growth in year 6.9% 10.5% 7.0% 5.2% 6.6% New Reg – growth in year 19.3% 21.7% 18.0% 16.6% 18.0% Deletion rate (12.4%) (11.2%) (11.0%) (11.3%) (11.4%) * Zone File data – excludes suspended domains IE Domain Registry  Annual Report & Review  2019 38