Profit and Loss: Blackrock, Devondale, Bernard Brogan, Fallon & Byrne, Shane Long
Who's up and who's down in Irish businesses this week?
The profit for BlackRock Asset Management Ireland came on foot of turnover of £138 million, only a slight increase on the 2015 turnover of £137.6 million, derived from performance and management fees.
The notes to the accounts also state that the turnover “includes management and performance fees net of investment management and administration services charges from other group companies of £508.5 million”.
The company paid £8.2 million in corporation tax.
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