Balance Sheet

as at 31 December 2024

Notes

31-Dec-24
€’000

31-Dec-23
€’000

Assets

Non-current assets

Property, plant and equipment

8

8,026,162

6,890,917

Intangible assets

10

100,350

78,166

Total non-current assets

8,126,512

6,969,083

Current assets

Trade and other receivables

11

168,870

164,135

Cash and cash equivalents - available for company use

12

345,428

289,352

Cash and cash equivalents - third party balances

13

71,408

6,322

Financial assets - financial security held on term deposit

13

40,000

72,250

Inventory

15

52

-

Total current assets

625,758

532,059

Total assets

8,752,270

7,501,142

Equity and liabilities

Equity

Share capital and share premium

24

(324,000)

(324,000)

Capital contribution

24

(4,543,771)

(3,972,067)

Retained earnings

(1,568,172)

(1,282,621)

Total equity

(6,435,943)

(5,578,688)

Liabilities

Non-current liabilities

Borrowings and other debt

16

(1,007,685)

(826,539)

Retirement benefit obligations

17

(25,062)

(32,348)

Deferred revenue

18

(147,044)

(75,473)

Grants

19

(9,802)

(9,101)

Provisions

20

(80,443)

(91,323)

Trade and other payables

21

(89,105)

(65,197)

Deferred tax liabilities

7

(233,929)

(190,438)

Total non-current liabilities

(1,593,070)

(1,290,419)

Current liabilities

Borrowings and other debt

16

(5,668)

(3,534)

Deferred revenue

18

(186,737)

(184,075)

Grants

19

(310)

(350)

Provisions

20

(33,940)

(25,495)

Trade and other payables

21

(496,602)

(418,581)

Total current liabilities

(723,257)

(632,035)

Total liabilities

(2,316,327)

(1,922,454)

Total equity and liabilities

(8,752,270)

(7,501,142)

For and on behalf of the Board:

Jerry Grant, Chairperson

Gerard Britchfield, Director

Date of Approval, 29 April 2025