3. Operating Costs
Notes |
2025 €’000 |
2024 €’000 |
|
Employee costs |
(221,834) |
(158,673) |
|
Local authority agreement costs |
(103,095) |
(137,671) |
|
Hired and contracted services |
(358,934) |
(335,992) |
|
Materials and operating costs |
(136,296) |
(111,177) |
|
Utilities |
(143,584) |
(135,990) |
|
Rates, fees, levies, insurance and facilities costs |
(103,766) |
(78,524) |
|
IT operational costs and telecommunications |
(55,344) |
(56,856) |
|
Asset derecognition |
(475) |
(27) |
|
Other operating costs |
(32,216) |
(22,021) |
|
Operating costs (before impairment of trade receivables) |
(1,155,544) |
(1,036,931) |
|
Impairment of trade receivables |
(32,452) |
(19,525) |
|
Total |
(1,187,996) |
(1,056,456) |
Operating costs are stated after charging:
(a) Commercial Statutory Auditor
|
2025 €’000 |
2024 €’000 |
||
Audit of entity financial statements |
(290) |
(290) |
|
Other assurance services |
(9) |
(17) |
|
Tax advisory services |
- |
- |
|
Other non-audit services |
(64) |
(24) |
|
Total |
(i) |
(363) |
(331) |
(i) Amounts exclude irrecoverable VAT
(b) Comptroller & Auditor General
|
2025 €’000 |
2024 €’000 |
|
Audit of entity financial statements |
(66) |
(60) |
Total |
(66) |
(60) |
(c) Directors’ remuneration
|
2025 €’000 |
2024 €’000 |
|
Non-executive directors - emoluments |
(134) |
(139) |
Executive directors - emoluments |
(247) |
(248) |
Executive directors - defined benefit pension contributions |
- |
- |
Executive directors - defined contribution pension contributions |
(27) |
(27) |
Total |
(408) |
(414) |
The Company’s CEO is the only executive member of the Uisce Éireann Board. The number of directors to whom defined benefit pension contributions accrued was nil (2024: nil) and the number of directors to whom defined contribution pension contributions accrued was 1 (2024: 1). All other disclosures required by sections 305 and 306 of the Companies Act 2014 were €nil for both the current and comparative year.
(d) Chief Executive Officer (CEO) remuneration
|
2025 €’000 |
2024 €’000 |
|
Basic salary |
(225) |
(225) |
Other short-term employee costs |
(22) |
(23) |
Post-employment benefits - pension contributions |
(27) |
(27) |
Total |
(274) |
(275) |
The CEO’s terms and conditions were revised in January 2026. The effective date of this increase was 18 December 2025 in accordance with the relevant ministerial approval. The increase to CEO total remuneration relevant to 2025 was €4,523 (including pension and allowances). This could not be included in the table presented above because the CEO was not contractually entitled to the increase until it was approved by the Uisce Éireann Board. The increase was approved, and payment was made, in January 2026. This increase will be captured in the 2026 Financial Statement disclosure notes. The CEO’s remuneration for 2026 under the revised terms and conditions will be €391,953 (including pension and allowances).