Irish Water’s 2015 annual report

Irish Water’s 2015 annual report is out. There’s lots of interesting bits in there.

Irish Water’s total liabilities grew from €890m in 2014 to €1.44bn in 2015.

Irish Water borrowed lots:

Net debt grew from €324m to €890m.

Borrowings:

The number of people paying bills in the 4th cycle cratered. Here’s a graph:

Screen Shot 2016-07-27 at 11.59.12

Here’s the breakdown:

Operating costs:

A note towards the end: