3. Operating Costs

Notes

2024
€’000

2023
€’000

Employee costs

4

(158,673)

(114,907)

Local authority agreement costs

25

(137,671)

(223,042)

Hired and contracted services

(335,992)

(324,386)

Materials and operating costs

(111,177)

(103,559)

Utilities

(135,990)

(84,737)

Rates, regulatory levies, insurance and establishment costs

(78,524)

(69,354)

IT operational costs and telecommunications

(56,856)

(42,620)

Asset derecognition

8 / 10

(27)

(3,435)

Other operating costs

(22,021)

(17,584)

Operating costs (before impairment of trade receivables)

(1,036,931)

(983,624)

Impairment of trade receivables

11

(19,525)

(16,449)

Total

(1,056,456)

(1,000,073)

Comparative amounts for operating costs have been adjusted following reassessment of our ongoing transformation of operations so that presentation is directly comparable with the amounts shown in respect of the current year.

Operating costs are stated after charging:

(a) Commercial Statutory Auditor

2024
€’000

2023
€’000

Audit of entity financial statements

(290)

(267)

Other assurance services

(17)

(6)

Tax advisory services

-

-

Other non-audit services

(24)

(8)

Total

(i)

(331)

(281)

(i) Amounts exclude irrecoverable VAT

(b) Comptroller & Auditor General

2024
€’000

2023
€’000

Audit of entity financial statements

(60)

(38)

Total

(60)

(38)

(c) Directors’ remuneration

2024
€’000

2023
€’000

Non-executive directors - emoluments

(139)

(142)

Executive directors - emoluments

(248)

(249)

Executive directors - defined benefit pension contributions

-

-

Executive directors - defined contribution pension contributions

(27)

(27)

Total

(414)

(418)

The Company’s CEO is the only executive member of the Uisce Éireann Board. The number of directors to whom defined benefit pension contributions accrued was nil (2023: nil) and the number of directors to whom defined contribution pension contributions accrued was 1 (2023: 1).

(d) Chief Executive Officer (CEO) remuneration

2024
€’000

2023
€’000

Basic salary

(225)

(225)

Other short-term employee costs

(23)

(24)

Post-employment benefits - pension contributions

(27)

(27)

Total

(275)

(276)

As a result of a Government direction in 2011, the CEO does not have access to the payment of a performance related award, and therefore no such payments have been paid to the CEO.