Regulatory Accounts

A universal postal service provider is required to comply with the Accounting Direction (See: Document No. 17/06 (D02/17), dated 20 January 2017)

This Accounting Direction requires audited regulatory (separated) accounts which record the volume, revenue, and cost information of each universal postal service.  These audited regulatory accounts are critical information for ComReg to assess how the universal postal service is performing financially, for assessing universal postal services’ prices for compliance with the cost orientation tariff requirement of the Postal Act, and for other regulatory requirements.

The latest audited  Regulatory Accounts (2019) (summary version) are published by An Post on their website.

An overview of the financial performance of the universal postal service provider is as follows:

Profit/(Loss)
Revenue in €'000s
2013201420152016201720182019
Total profit/(loss)(55,547)(38,228)(32,291)(41,338)(25,995)(9,331)7,973
Domestic(38,497)(21,063)(13,124)(22,245)3,09320,01630,734
Inbound(13,422)(14,799)(13,203)(15,651)(25,084)(29,374)(25,802)
Outbound(3,628)(2,366)(5,964)(3,442)(4,004)273,041

Domestic = mail posted in Ireland for delivery in Ireland
Inbound = mail posted overseas for delivery in Ireland
Outbound = mail posted in Ireland for delivery overseas