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Manx Government publishes Audited Accounts 2020/21

Fri, 03 Sep 2021


The Manx Government’s Audited Accounts 2020/21 have been published.

Commonly known as the Dark Blue Book, the document presents the financial outturn of the accounting period for the year ended 31 March 2021.

Central Government accounts show an overall surplus of £137.3m compared to a deficit of £221.7m in 2019/20.

The change to a surplus position is primarily due to unrealised gains on investments of £233.8m which have occurred due to a recovery in the stock market. This is in sharp contrast to the previous year which witnessed unrealised losses on investments of £123.5m.

Group accounts include transactions and balances in respect of the two non-revenue funded statutory boards (Manx Utilities Authority and Isle of Man Post Office) in addition to Government-owned companies, namely Radio Manx Limited, Laxey Glen Mills Limited, Isle of Man Film Limited, Isle of Man Film DOI Limited, Isle of Man Steam Packet Group Limited and the Isle of Man Meat Company Ltd.

These accounts showed an overall surplus of £140.7m compared to a deficit of £231.4m in 2019/20..

The Dark Blue Book can be viewed and downloaded by visiting the Government Accounts page of the Isle of Man Government website.

 


 

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