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RTÉ promise change as they release annual report finalised ‘before the crises and turbulence of recent times’

RTÉ have promised change, after releasing the 2022 annual report which was finalised “before the crises and turbulence of recent times”.

Siún Ní Raghallaigh, Chair of RTÉ Board, said in a statement shared on Wednesday that this report was approved by the board and sent to Minister Martin at the end of June this year.

Earlier that month, it was revealed that Ryan Tubridy’s earnings were publicly understated by €345,000 over the last six years.

Picture: Andres Poveda

The issue was identified during a routine audit of RTÉ’s 2022 accounts, prompting an independent review of the matter.

Amid the scandal, Ryan was pulled from the airwaves, and RTÉ’s Director General Dee Forbes resigned from her role.

A second Grant Thornton report, which was released last month, confirmed Ryan and his agent Noel Kelly had no involvement in the public understatement of the presenter’s salary between the years 2017 and 2019.

In her statement following the release of the 2022 annual report today, Ms Ní Raghallaigh said “context is key” in examining the report.

Siún Ní Raghallaigh

She said: “With regard to the restatement of earnings for Mr. Tubridy which was made on 22 June 2023, this restatement had no impact on our audited financial statements.”

“The two payments of €75,000 each, which were recorded in the Barter Account, were processed in the accounts as a charge of €115,000 each, being the grossed-up cost to the Barter Account when allowing for 35% commission.”

“This total of €230,000 is included in the overall Operating costs (before depreciation, amortisation, gain on disposal of assets) of €339.3 million as shown in the Group Income Statement on page 115 of the Annual Report or in the Financial Statements menu of the online version (Group Income Statement section).”

“The overall operating costs number is further analysed in note 3 to the Accounts (page 131 of the Annual Report or in the Notes section of the Financial Statements menu in the online version) and as the invoices were referenced as promotion costs and booked as such, the €230,000 is included in the Other third-party costs figure of €42.45 million.”

Credit: RTÉ

Ms Ní Raghallaigh went on to say: “For the avoidance of doubt, it should be noted that, subsequent to the completion of this report, Grant Thornton LLP established that the payments in question were not, in fact, promotion costs.”

“The Annual Report for 2022 represents a particular moment in time for RTÉ, a time when a different culture was prevalent. But now we must deal with the legacy of this siloed and dysfunctional culture.”

She continued: “As an organisation we cannot shy away from the shortcomings and challenges that have been identified. Nor will we. In the period since June 2023, we have moved swiftly to address a number of matters so that public trust can be restored in our national broadcaster.”

“Some of the actions we have taken include increased Board oversight of senior remuneration and the proposed introduction of a register of interests and register of external activities for certain staff and contractors.”

“We are working to break down the old ineffective model and the poor governance which have been identified through an ongoing programme of reform and recovery for the organisation.”

“Furthermore, a new interim leadership team has been appointed by our new Director General, Kevin Bakhurst, and we are bringing an overall commitment to management accountability and transparency.”

The statement concluded: “The Board has established two Oversight Committees to work with both Government Reviews, on governance and culture and in relation to contractor fees, HR and other matters.”

“We know that RTÉ has a long way to go in rebuilding our bond of trust with the public. However, I believe that working together across all strands of the organisation, we can do so.”

RTÉ’s new Director General Kevin Bakhurst

“The Board of RTÉ is absolutely committed to working with the Director-General, Kevin Bakhurst to make necessary changes and important decisions that will be vital as we seek to reestablish trust in RTÉ. We must, and we will.”

You can read RTÉ’s Annual Report for 2022 in full here.

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