52
SCIENCE FOUNDATION IRELAND ANNUAL REPORT 2015
Statement of Financial Position
For the year ended 31 December 2015
2015
2014
Notes
€ ’000
€ ’000
restated
Fixed Assets
Property, Plant & Equipment
8
220
98
Current Assets
Receivables
10
723
453
Cash and Cash Equivalents
333
752
1,056
1,205
Current Liabilities (Amounts Falling due within one year)
Payables
11
(430)
(376)
Net Current Assets
626
829
Long term Liabilities (Amounts falling due after one year)
- -
Retirement benefits
Pension Liability
5(b)
10,076
7,873
Deferred Pension Funding Asset
5(c)
(10,076)
(7,873)
- -
Total Net Assets
846
927
Representing:
Capital Account
7
220
98
Retained Revenue Reserves
626
829
846
927
The Statement of Cash Flows and Notes 1 to 17 form part of these Financial Statements.
On behalf of the Board:
Ms Ann Riordan
Chairman Prof Mark Ferguson
Director General
Date: 17 May 2016
Date: 17 May 2016