IE-Annual-Report-&-Review-2024

Financial Statements 2024 2023 Notes € € Cash flows from operating activities Profit for the financial year 385,690 86,100 Adjustments for: Amortisation of intangible assets 35,111 35,110 Depreciation of tangible assets 154,379 133,175 Gain on financial investment (946,495) (745,471) Investment income (36,068) (33,770) Tax on operating activities 222,309 124,066 Increase in debtors (113,917) (25,262) (Decrease)/Increase in creditors (102,045) 262,277 Corporation tax (paid)/refunded 43,163 (117,145) Net cash (outflow) from operating activities (357,873) (280,920) Cash flows from investing activities Purchase of tangible fixed assets 10 (73,884) (170,241) Sale of tangible fixed assets 1,649 - Purchase (net) of financial assets 11(a) 17,369 (1,150,148) Investment income received 36,068 33,770 Net cash used in investing activities (18,798) (1,286,619) Cash flows from financing activities Net cash from financing activities - - Net decrease in cash and cash equivalents 13 (376,671) (1,567,539) Cash at beginning of year 1,208,455 2,775,994 Cash at end of year 831,784 1,208,455 Cash at bank 13 831,784 1,208,455 Statement of Cash Flows for the financial year ended 31 December 2024 IE Domain Registry CLG t/a .IE / Annual Report & Review 2024 41