SUPPLEMENTARY INFORMATION PROVIDED IN ACCORDANCE WITH SECTION 54 OF THE ACT

In order to achieve its objectives NAMA has established special purpose vehicles as outlined in Note 1. These entities prepare and present separate financial statements. In accordance with the requirements of Section 54 of the Act the following additional information is provided, in respect of NAMA and each of its Group entities.

38.1 Administration fees and expenses incurred by NAMA and each NAMA Group entity

The administration fees incurred by the Agency are set out in Note 9.

The expenses of NALML, NAPML and NARPSL expenses are shown in the tables below. The expenses of NALML includes a re-charge of €37m (2011: €28m) in respect of NTMA costs incurred by the Agency. These costs are also included in the consolidated accounts.

National Asset Loan Management Limited (NALML) Expense type	Note	2012 €'000	2011 €'000
Costs reimbursable to NTMA	9.1	36,890	27,678
Primary servicer fees	9.2	56,427	56,897
Due diligence costs	9.3	4,086	44,505
Portfolio management fees	9.4	6,712	15,992/td>
Legal fees	9.5	4,609	9,478
Master servicer fees	9.6	3,547	3,098
Finance and technology costs	9.7	2,985	2,266
Internal audit fees	9.8	1,023	927
Rent and occupancy costs	9.9	1,375	975
External audit remuneration	9.11	450	450
Other internal audit services	9.12	288	-
Total administration expenses		118,392	162,266
Due diligence costs recovered on loan acquisitions	9.3	-	(34,505)
Total NALML administration expenses		118,392	127,761

National Asset Property Management Limited (NAPML) Expense type	Note	2012 €'000	2011 €'000
Legal fees		24	-
Planning advice costs		18	-
Other costs		1	-
Total NAPML administration expenses		43	-

National Asset Residential Property Services Limited (NARPSL) Expense type	Note	2012 €'000	2011 €'000
Property valuation costs		127	-
Legal fees		25	-
Tax advice fees		37	-
Total NARPSL administration expenses		189	-

38.2 Debt securities issued for the purposes of the Act

	2012 €'000	2011 €'000
Senior notes issued by NAML	25,440,000	29,106,000
Subordinated debt issued by NAML	1,593,000	1,601,0000
Total	27,033,000	30,707,000

38.3 Debt securities issued and redeemed in the period to the Financial Institutions

Financial Institution	Outstanding at 1 Jan 12 €'000	Issued €'000	Redeemed €'000	Cancelled €'000	Outstanding at 31 Dec 12 €'000
AIB5	20,414,000	-	(2,395,000)	(143,000)	17,876,000
BOI	5,359,000	12,000	(615,000)	-	4,756,000
IBRC5	1,793,000	-	(113,000)	(43,000)	1,637,000
EBS	375,000	-	(43,000)	-	332,000
IL&P5	2,766,000	-	(334,000)	-	2,432,000
Total	Total	12,000	(3,500,000)	(186,000)	27,033,000

⁵ On 1 July 2011, the High Court approved a Transfer Order under Part 5 of the Credit Institutions Stabilisations Act 2010 (CISA) that the assets and liabilities of INBS be transferred to Anglo Irish Bank. The transfer order extinguished INBS. On 14 October 2011 the name was changed to IBRC. As part of the reorganisation and restructuring of the Irish banking system, NAMA senior debt securities in issue and held by IBRC were transferred to IL&P and AIB.

38.4 Advances to NAMA from the Central Fund in the year

There were no advances to NAMA from the Central Fund in the year.

38.5 Advances made by NAMA to debtors via Participating Institutions in the period

Participating Institution	Amount advanced 2012 €'000	Amount advanced 2011 €'000
AIB	115,174	84,833
IBRC	163,233	172,759
BOI	29,414	45,701
EBS	588	688
Total	308,409	303,981

38.6 Asset portfolios held by NAMA and each NAMA Group entity

The assets held by NAMA and each NAMA Group entity are set out below. The assets include intergroup assets and liabilities and intergroup profit participating loans between NAMA Group entities.

National Asset Management Agency (NAMA)	2012 €'000	2011 €'000
Investment in NAMAIL	49,000	49,000
Cash	1,268	1,623
Other receivables	9,306	3,381
Property, plant and equipment	831	906
Total	60,405	54,910

National Asset Management Agency Investment Limited (NAMAIL)	2012 €'000	2011 €'000
Loan to NAML	99,900	99,900
Intercompany loans and receivables - accrued interest	19,093	15,490
Inter-group receivable	100	100
Total	119,093	115,490

National Asset Management Limited (NAML)	2012 €'000	2011 €'000
Profit participating loan with NAMGSL	27,033,000	30,707,000
Intergroup assets	99,900	99,900
Deferred tax asset	137,981	134,401
Total	27,270,881	30,941,301

National Asset Management Group Services Limited (NAMGSL)	2012 €'000	2011 €'000
Profit participating loan with NALML	27,033,000	30,707,000
Interest on profit participating loan with NALML	487,082	-
Total	27,520,082	30,707,000

National Asset Loan Management Limited (NALML)	2012 €'000	2011 €'000
Cash	2,234,554	3,345,363
Cash placed as collateral with the NTMA	1,150,000	-
Financial assets available for sale	257,932	499,747
Receivable from Participating Institutions	78,953	409,143
Financial assets at fair value through profit or loss	350,706	448,539
Loans and receivables	22,776,262	25,607,389
Intergroup assets	559,968	413,805
Accrued interest receivable	23,383	31,526
Inventories	200	6,850
Other assets	9,507	11,545
Deferred tax asset	203,894	175,125
Total	27,645,359	30,949,032

National Asset Property Management Limited (NAPML)	2012 €'000	2011 €'000
Inventories	7,074	-
Other assets	599	-
Total	7,673	-

38.7 Government support measures, including guarantees, received by NAMA and each NAMA Group entity

Entity	Description	Amount in issue at 31 December 2012 €'000	Amount in issue at 31 December 2011 €'000
National Asset Management Limited	On 26 March 2010, the Minister guaranteed Senior Notes issued by NAMA as provided for under Section 48 of the NAMA Act 2010. The maximum aggregate principal amount of Senior Notes to be issued at any one time is €51.3 billion.	25,440,000	29,106,000
		25,440,000	29,106,000