S.L. 544.2 Art. 21with banks. in the balance 2015 € THE Annual Report 22. The Party’s Other The 23. Falling due Bank Bank loan Borrowings Falling due Bank loan Borrowings Total i. The over ii. The Loan over loan Loan over The Other The 2015 €

CASH AND CASH EQUIVALENTS

Cash and cash equivalents consist of cash in hand and balances Cash and cash equivalents reconcile to the amounts shown sheet as follows:

2016 €

Cash at bank and in hand Bank overdraft POLITICAL PARTY & Financial Statements - 31st December, 2016

RESERVES

Revaluation reserve revaluation reserve comprises revaluation gains and losses on the property, net of any attributable taxation element. reserve other reserve represents a reserve of a general nature.

BORROWINGS

2016 2015 € €

within one year overdraft from third parties after one year (Note ii) from third parties

Borrowings bank overdraft facility was obtained to finance (state reason). It bears interest at 4.0% and is secured by general and special hypothecs per annum the Party’s property. Party has two bank loans as follows:

1: The bank loan was obtained to (state reason). The loan bears interest at 6.2% and is secured by general and special hypothecs per annum the Party’s property. It is repayable over quarterly instalments of €XXX inclusive of interest over a period of seven years from first drawdown. The is to be settled by April 2019.

2: The Party obtained this loan to (state reason). The loan bears interest at 6.0% per annum and is secured by general and special hypothecs the Party’s property. It is repayable by monthly instalments of €XXX inclusive of interest over a period of three years from its first drawdown. average interest rate on the bank loans was XXX (2015: XXX) loans have been obtained from third parties for the purpose of (state reason) average interest rate on the other borrowings was (2015: XXX) THE POLITICAL PARTY Annual Report & Financial Statements - 31st December, 2016

2016 €

Maturity of bank loans falling due after one year: Between 1 and 2 years Later than 2 years but not later than 5 years Later than 5 years