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.

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

The administration fees incurred by NAMA are set out in Note 10.

The expenses of each NAMA Group entity are shown in the tables below. The expenses of NALML includes a recharge of €40.8m (2012: €36.9m) 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	2013 €'000	2012 €'000
Costs reimbursable to NTMA	10.1	40,768	36,890
Primary servicer fees	10.2	52,587	56,427
Master servicer fees	10.3	3,082	3,547
IBRC integration costs	10.4	7,369	-
Portfolio management fees	10.5	5,256	6,712
Legal fees	10.6	2,772	4,609
Due diligence costs	10.7	-	4,086
Finance, communication and technology costs	10.8	3,376	2,985
Rent and occupancy costs	10.9	1,482	1,375
Internal audit fees	10.10	911	1,023
External audit remuneration	10.11	495	450
Other internal audit services	10.10	-	288
Total NALML administration expenses		118,098	118,392

National Asset Property Management Limited (NAPML) Expense type	2013 €'000	2012 €'000
Costs reimbursable to NALM	86	-
Portfolio management fees	47	19
Legal fees	1	24
Finance, communication and technology costs	21	-
Total NAPML administration expenses	155	43

National Asset Sarasota LLC (NASLLC) Expense type	2013 €'000	2012 €'000
Portfolio management fees	61	-
Legal fees	10	-
Total NASLLC administration expenses	71	-

National Asset Residential Property Services Limited (NARPSL) Expense type	2013 €'000	2012 €'000
Portfolio management fees	185	127
Legal fees	192	25
Finance, communication and technology costs	22	37
Total NARPSL administration expenses	399	189

National Asset Resolution Limited (NARL) Expense type	2013 €'000	2012 €'000
Costs reimbursable to NALM	3,476	-
Primary servicer fees	2,200	-
External audit remuneration	20	-
Total NARL administration expenses	5,696	-

40.2 Debt securities issued for the purposes of the Act

	2013 €'000	2012 €'000
Senior notes issued by NAML	34,618,000	25,440,000
Subordinated debt issued by NAML	1,593,000	1,593,000
Total	36,211,000	27,033,000

40.3 Debt securities issued, transferred and redeemed in the period to the Financial Institutions

Financial Institution	Outstanding at 1 Jan 13 €'000	Issued €'000	Transferred €'000	Redeemed €'000	Cancelled €'000	Outstanding at 31 Dec 13 €'000
AIB7	17,876,000	-	285,000	(1,890,000)	-	16,271,000
BOI	4,756,000	-	-	(484,000)	-	4,272,000
IBRC/SL7,8	1,637,000	-	(796,000)	-	-	841,000
EBS	332,000	-	(285,000)	(27,000)	-	20,000
IL&P7	2,432,000	-	-	(263,000)	-	2,169,000
CBI8	-	12,928,000	796,000	(1,086,000)	-	12,638,000
Total	27,033,000	12,928,000	-	(3,750,000)	-	36,211,000

Financial Institution	Outstanding at 1 Jan 12 €'000	Issued €'000	Transferred €'000	Redeemed €'000	Cancelled €'000	Outstanding at 31 Dec 12 €'000
AIB7	20,414,000	-	-	(2,395,000)	(143,000)	17,876,000
BOI	5,359,000	12,000	-	(615,000)	-	4,756,000
IBRC/SL7,8	1,793,000	-	-	(113,000)	(43,000)	1,637,000
EBS	375,000	-	-	(43,000)	-	332,000
IL&P7	2,766,000	-	-	(334,000)	-	2,432,000
Total	30,707,000	12,000	-	(3,500,000)	(186,000)	27,033,000

⁷ 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, €285m of NAMA senior debt securities in issue and held by EBS were transferred AIB in 2013.

⁸ On 28 March 2013, €12.928bn of senior bonds were issued by NAML to the CBI in consideration for NARL's acquisition of the loan facility deed floating charge over IBRC's assets from the CBI, following the liquidation of IBRC on 6 February 2013. In addition, €796m of senior bonds held by IBRC at the date of liquidation were transferred to CBI.

40.4 Advances to NAMA from the Central Fund in the year

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

40.5 Advances made by NAMA to debtors via Participating Institutions in the year

Participating Institution	Amount advanced 2013 €'000	Amount advanced 2012 €'000
AIB	96,906	94,924
IBRC / Capita	184,433	163,233
BOI	46,875	29,414
EBS	-	588
Vendor finance	336,737	20,250
Loan acquisition	7,320	-
Total	672,271	308,409

40.6 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)	2013 €'000	2012 €'000
Investment in NAMAIL	49,000	49,000
Cash	1,152	1,268
Other receivables	5,961	9,306
Property, plant and equipment	1,071	831
Total	57,184	60,405

National Asset Management Agency Investment Limited (NAMAIL)	2013 €'000	2012 €'000
Loan to NAML	99,900	99,900
Interest on intergroup loan	19,243	19,093
Intergroup receivable	100	100
Total	119,243	119,093

National Asset Management Limited (NAML)	2013 €'000	2012 €'000
Profit participating loan with NAMGSL	24,283,000	27,033,000
Profit participating loan with NARL	11,928,000	-
Interest on profit participating loan with NARL	177,339	-
Intergroup receivable	99,900	99,900
Deferred tax asset	92,568	137,981
Total	36,580,807	27,270,881

National Asset Resolution Limited (NARL)	2013 €'000	2012 €'000
Cash	332,440	-
Cash placed as collateral with the NTMA	63,000	-
Loan facility deed	11,703,344	-
Interest on loan facility deed	12,245	-
Other assets	5	-
Deferred tax asset	2,051	-
Total	12,113,085	-

National Asset Management Group Services Limited (NAMGSL)	2013 €'000	2012 €'000
Profit participating loan with NALML	24,283,000	27,033,000
Profit participating loan with NAJVAL	13,450	-
Interest on profit participating loans	487,036	487,082
Total	24,783,486	27,520,082

National Asset Loan Management Limited (NALML)	2013 €'000	2012 €'000
Cash	3,119,500	2,234,554
Cash placed as collateral with the NTMA	739,000	1,150,000
Financial assets available for sale	145,138	257,932
Receivable from Participating Institutions	78,447	78,953
Financial assets at fair value through profit or loss	160,369	350,706
Loans and receivables	19,585,959	22,776,262
Intergroup receivables	614,127	559,968
Accrued interest receivable	12,474	23,383
Inventories – trading properties	-	200
Investments in equity instruments	5,125	-
Other assets	10,748	9,507
Deferred tax asset	107,769	203,894
Total	24,578,656	27,645,359

National Asset Property Management Limited (NAPML)	2013 €'000	2012 €'000
Investments	5,798	-
Inventories – trading properties	6,173	7,074
Other assets	27	599
Total	11,998	7,673

National Asset Residential Property Services Limited (NARPSL)	2013 €'000	2012 €'000
Cash	47	-
Inventories – trading properties	7,163	-
Rental income receivable	8	-
Total	7,218	-

National Asset JV A Limited (NAJVAL)	2013 €'000	2012 €'000
Cash	97	-
Investments in equity instruments	1,248	-
Loan receivable	12,151	-
Total	13,496	-

National Asset Sarasota LLC (NASLLC)	2013 €'000	2012 €'000
Inventories – trading properties	26,104	-

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

Entity	Description	Amount in issue at 31 December 2013 €'000	Amount in issue at 31 December 2012 €'000
National Asset Management Limited	On 26 March 2010, the Minister for Finance 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 €51.3bn.	34,618,000	25,440,000
		34,618,000	25,440,000