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Teagasc Annual Report and Financial Statements

In 2016 the level of activity in Teagasc increased substantially for the second year in a row. Excluding the Net Deferred Funding for Pensions, income in 2016 was €187 million, which was €12 million more than 2015 income. There was an increase of €5.6 million in Grant in Aid compared to 2015. Knowledge Transfer income increased by €6.6 million (32%) and Research income was similar to the previous year. In Knowledge Transfer there was an increase in Advisory Services income which was achieved

Teagasc Annual Report and Financial Statements
Dr. Noel Cawley, Teagasc Chairman with Professor Gerry Boyle, Teagasc Director at the launch of the 2016 Annual Report

Teagasc Annual Report and Financial Statements 2016

In 2016 the level of activity in Teagasc increased substantially for the second year in a row. Excluding the Net Deferred Funding for Pensions, income in 2016 was €187 million, which was €12 million more than 2015 income.  There was an increase of €5.6 million in Grant in Aid compared to 2015.  Knowledge Transfer income increased by €6.6 million (32%) and Research income was similar to the previous year.  In Knowledge Transfer there was an increase in Advisory Services income which was achieved by delivering a number of new schemes through our business partner, FRS. 

Speaking at the publication of the Teagasc Annual Report and Financial Statements for 2016, Chairman Dr Noel Cawley said:” Teagasc supported the continued development of agriculture, horticulture and the food sectors in Ireland through its comprehensive, advisory and education programmes. It was an extremely busy year for the organisation as we worked closely with the farming community during a period while farm incomes declined on the previous year. The average family farm income as measured by the Teagasc National Farm Survey was €24,060 in 2016.”

Teagasc Director, Professor Gerry Boyle said: “Five technology themes have been identified as being the priorities for Irish research and innovation in the coming years. The Teagasc technology foresight report identified; Plant and animal genomics and related technologies; Human, animal and soil microbiota; Digital technologies; New technologies for food processing; Transformation in the food value chain system; as the priority areas that will shape Irish agriculture.“

Key Digital Developments:

  •  Online nutrient management planning tool (NMP) rolled out by Teagasc to produce detailed nutrient management plans for farms.
  •  Merger of PastureBase Ireland and AgriNet grass growth databases.
  •  New public website powered by a new content management system.

Key KT Outputs:

  • 42,115 farmer clients serviced.
  • 12,359 farmers in Teagasc facilitated Discussion groups.
  • Teagasc trained over 170 tutors to deliver the Beef Data Genomics Programme training courses. Over 24,000 participants in total were trained.
  • Teagasc enrolled nearly 4,400 people to the adult Green Cert education programme between autumn 2014 and end of 2016.

Key Research:

  • Teagasc research modelled the impact of Brexit on Irish agriculture.
  • The best sheep genetics from New Zealand is being evaluated in Athenry.
  • Integrated Pest Management research in horticultural crops.

Key New Infrastructure:

  • New pig research facility in Teagasc Moorepark, Fermoy, officially opened.
  • Research, education and conference centre opened at Teagasc Ashtown, Dublin.

Key National and International Events:  

  • Beef 2016 – National beef open day at the Teagasc Animal and Grassland Research and Innovation Centre, Grange, Co Meath.
  • Over 1,800 food scientists attended the International Union of Food Science and Technology Congress in Dublin organised by Teagasc.
  • International conference on the Teagasc Technology Foresight 2035 report held.
  • First ‘Energy in Agriculture’ event held in Gurteen College.
  • ‘Farming and Country Life’ event in Teagasc Mellows campus, Athenry, Co Galway.

Key Collaborations:

  • New dairy joint programmes established with Arrabawn co-op and Aurivo co-op.
  • Memorandum of Understanding signed between Teagasc and Geological Survey of Ireland.
  • Memorandum of Understanding signed between Teagasc and Sanyuan foods, China.
     

Key Publications:

  • Sixth Teagasc Statement of Strategy published.
  • Nine Teagasc 2025 Sectoral Road Maps published.
  • The 4th edition of the nutrient advice manual “Teagasc Green Book” was published.
  • Rural Tourism booklet published.

A copy of the Teagasc Annual Report and Financial Statement for 2016 can be viewed at www.teagasc.ie