Oireachtas Joint and Select Committees
Tuesday, 27 April 2021
Public Accounts Committee
2019 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment
12:30 pm
Ms Fiona O'Shea:
I am the group financial controller of RTÉ. Concerning the changes in finances during 2019, there was an overall increase of €3 million in our revenue, which was largely due to an increase in licence fee income in the year. There was also the reversal of prior year emergency cuts which were reinstated. We had an increase of €7.2 million in our licence fee income. Our commercial revenue, however, declined in that year, largely due to the impact of Brexit on the media sector across Ireland. Our declines in commercial revenue are broadly in line with the experience across the media sector. Our operating costs declined in the year, and again that was probably a factor of the change in content and events. We had a reduction in the cost of special events between 2018 and 2019 as well, so that gave rise to a net deficit improvement of €5.8 million in the year.
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