24
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Paralympics Ireland
Annual Report
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2019
24
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Paralympics Ireland
Financial Statements
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2019
Statement of comprehensive income Statement of comprehensive income
For the financial year ended 31 December 2019 For the financial year ended 31 December 2019
2019 2019 2018 2018
Note Note € €
Income Income 4 4 1,898,618 1,898,618 1,611,279 1,611,279
Direct costs Direct costs (1,251,487) (1,251,487) (1,125,609) (1,125,609)
Gross profit Gross profit
647,131 647,131 485,670 485,670
Administrative expenses Administrative expenses (438,354) (438,354) (466,418) (466,418)
Operating profit Operating profit
5 5 208,777 208,777 19,252 19,252
Tax on profit Tax on profit - -
Profit for the financial financial year Profit for the financial financial year
208,777 208,777 19,252 19,252
All amounts relate to continuing operations. All amounts relate to continuing operations.
There was no other comprehensive income for 2019 (2018:€NIL). There was no other comprehensive income for 2019 (2018:€NIL).
The notes on pages 12 to 20 form part of these financial statements. The notes on pages 12 to 20 form part of these financial statements.
