IE Domain Registry Annual Report 2019

IE Domain Registry  Annual Report & Review  2019 57 Financial Statements 9(a). Financial investments Unlisted 2019 € At 1 January 2019 Fair value 4,134,615 Unrealised gains arising in 2019 193,974 At 31 December 2019 4,328,589 Mark to Market Value: At 31 December 2019 4,328,589 At 31 December 2018 4,134,615 Unlisted 2018 € At 1 January 2018 Fair value 3,278,782 Additions in 2018 1,687,270 Disposals in 2018 (718,815) Realised gains arising in 2018 9,411 Unrealised losses arising in 2018 (122,033) At 31 December 2018 4,134,615 Mark to Market Value: At 31 December 2018 4,134,615 At 31 December 2017 3,278,782 Other financial investments represent the investment for the long term in conservative managed funds, diversified across multiple investment managers. The market value of the financial investments at 31 December 2019 was €4,328,589 (2018 – €4,134,615). In accordance with the accounting policy for other financial investments outlined in Note 2.8 the value of other financial investments is recorded at the market value.