IE Domain Registry t/a .IE

13. Creditors: amounts falling due after more than one year 2020 2019 € € Deferred taxation At 1 January 2020 72,192 25,260 Charge to profit and loss account 41,867 46,932 At 31 December 2020 114,059 72,192 The deferred tax relates to the origination/reversal of timing differences. 14. Guarantee Parent Company Guarantee On 18 December 2006, the company’s subsidiary IENUM Limited signed an agreement with the Commission for Communications Regulation (ComReg) to provide the national ENUM registry service for Ireland. At 31 December 2020, the company is the sole Guarantor of the obligations of its subsidiary IENUM Limited. 15. Commitments Operating lease commitments Total future minimum lease payments under non-cancellable operating leases are calculated at €700,110 (2019 – €36,510), payable as follows: Premises Premises 2020 2019 € € Within one year 163,076 36,510 Between two and five years 537,034 - More than five years - - 700,110 36,510 Capital commitments The company has no capital commitments at 31 December 2020 (2019 – €Nil). 16. Analysis of changes in cash at bank Opening Cash Closing balance flow balance € € € Current accounts 19,525 284,493 304,018 Deposit accounts 3,133,699 (919) 3,132,780 Cash at bank 3,153,224 283,574 3,436,798 Financial Statements IE Domain Registry CLG t/a .IE / Annual Report & Review 2020 55