All financial transactions relating to the School Transport Scheme are reflected in the Annual Report and Financial Statements of Bus Éireann which have been prepared in accordance with (GAAP) Generally Accepted Accounting Practice in Ireland, and have been prepared in accordance with the requirements of the Companies Act 2014.
The 2015 published Financial Statements included the required report from Auditors, who are independent of Bus Éireann, in relation to the financial statements.
The auditors confirmed that the financial statements include:
The balance sheet as at 31.12.15
The profit and loss account for the year then ended
The statement of comprehensive income for the year then ended
The statement of changes in equity for the year then ended
The cash flow statements for the year then ended
The significant accounting policies
The notes to the financial statements which include other explanatory information.
The main bankers for the CIE Group are Bank of Ireland.
The Audited Accounts for each year are available online on the Bus Éireann website, which includes the annual account for each year as far back as 1999 and showing the balance on a year to year basis.