[ Leading Cork to Take Its Place as a World Class City ]
Statement of Financial Position (Balance Sheet)
at 31st December 2020
Expenditure by Division
Notes
2020 €
2019 €
Fixed Assets
1
2020
2020
Operational
2,343,978,366
2,263,955,540
Infrastructural
1,844,490,716
1,154,377,762
Community
111,992,138
112,289,290
Non-Operational
53,873,737
53,873,737
4,354,334,957
3,584,496,329
Work in Progress & Preliminary Expenses 2
100,407,113
86,036,802
Long Term Debtors
3
104,874,408
87,650,077
Current Assets
Stocks
-
-
Trade Debtors & Prepayments
4
41,726,109
49,827,055
Bank Investments
41,627,058
29,633,746
Cash at Bank
6,533,478
456,555
Cash in Transit
22,449
22,399
89,909,094
79,939,755
Current Liabilities (Amounts falling due within 1 year)
Bank Overdraft
-
-
Creditors & Accruals
6
55,783,501
47,975,371
Finance Leases
29,778
29,778
55,813,279
48,005,149
Net Current Assets/(Liabilities)
34,095,815
31,934,606
Creditors (Amounts falling due after more than one year)
Loans Payable
7
182,238,700
178,453,041
Finance Leases
21,780
51,559
Refundable Deposits
8
7,971,676
4,570,823
Other
41,200,342
22,589,346
231.432.498
205,664,769
Net Assets
4,362,279,795
3,584,453,045
Represented by
Capitalisation Account
9
4,354,334,957
3,584,496,326
Income WIP
2
91,753,991
79,918,868
General Revenue Reserve
980,829
945,643
Other Specific Reserves
-
-
Other Balances
10
(84,789,981)
(80,907,792)
Total Reserves
4,362,279,796
3,584,453,045
111
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