Gaybo toast turning 84 as a means for the company to rise over 600K

  • Gaybo toast turning 84 as a means for the company to rise over 600K
    Independent.t. E.
    Shareholders ‘ funds in the media firm is owned by the famous broadcaster of Ireland, gay Byrne, has passed the €600,000 mark in 2016.
    https://www.independent.ie/business/irish/gaybo-toasts-turning-84-as-company-funds-climb-to-over-600k-37194797.html
    https://www.independent.ie/incoming/article37194035.ece/22541/AUTOCROP/h342/17%20NEWS%20PL30145801Veteran%20broadcas.jpg

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Shareholders ‘ funds in the media firm is owned by the famous broadcaster of Ireland, gay Byrne, has passed the €600,000 mark in 2016.

Submitted Byrne’s gabbro Ltd with office show that funds of shareholders – consist mainly of accumulated profits for many years – increased to €602,634 at the end of 2016.

Current assets mainly consist of cash – increased from €496,105 to €576,176.

Byrne, who celebrated his 84th birthday on Sunday, presented at the end of the end of the show’ for 37 years before retiring in 1999. He continued to work in broadcasting, including the successful sense of a series of interviews in TV and popular shows on lyric FM.

Documents for gabbro Ltd show the firm had profit amounted to 10,988 in 2016, which followed a profit of €25,789 in 2015.

Pensions

The company also won in 2016 from transfer of realised profit in the amount of 11,213.

The increase in profits in 2016 and 2015, was more modest than €52,223 in 2014 and €87,571 in 2013.

In an interview this year, Byrne spoke to rté presenter ray D’arcy about their diagnosis 2016 for prostate cancer and eight cycles of chemotherapy that followed.

Gay said he was “completely wrong” not to take a year off “feeding yourself” and not continue to try to fit other things in his schedule and is undergoing treatment.

“I regret the time I gave this place. I had to take the time to do other things,” he said.

On the strong finances of the company, in 2016 and 2015 shows Byrne turned away from financial troubles he experienced as a result of economic crisis, when his pension was destroyed.

“I never had a pension in rte so we invested in what we believed were blue chip stocks, AIB, Bank of Ireland, Anglo – and all that was destroyed”, – he said.

His loss on his shares and investments was the second jolt to his finances.

In 1987, and had to rebuild their finances after learning that all his savings entrusted to his friend and accountant, the late Russell Murphy, disappeared.

Their losses from this episode is estimated at more than €200,000.

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