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For more information on this release:
E-mail: capform@cso.ie Oisín Mangan 01 4984089 John Sheridan 01 4984258
For general information on CSO statistics:
information@cso.ie (+353) 21 453 5000 Visit StatCentral.ie, the portal to Ireland's official statistics On-line ISSN
CSO statistical release, 17 November 2017, 11am

Estimates of the Capital Stock of Fixed Assets

2016

Net capital stock of fixed assets   € billion
End of year201120122013201420152016
Current Prices414.8434.4452.6497.2748.2800.2
Constant 2015 Prices468.0477.8486.9513.8748.2774.5

Net capital stock of fixed assets increases in value

Estimates of the Capital Stock of Fixed Assets 2016 Figure 1
go to full release

The value of the stock of produced assets, which largely comprises buildings, transport equipment, other machinery and equipment, and research and development, has increased in value in 2016. Allowing for depreciation, the net stock of these assets increased by 7.0% between 2015 and 2016.

The graph in figure 1 displays the continuing increase in the net stock of fixed capital assets with current price level exceeding constant price level in 2016.

There have been revisions to net capital stocks and consumption of fixed capital in sector N (Administrative and Support Service Activities) in this release. These revisions are due to changes in the service life used for leased aircraft following consultation with the aircraft leasing sector.

X-axis labelOther AssetsOther Machinery and EquipmentResearch and DevelopmentTransport equipmentOther buildings and structuresDwellings
20116282553103200
20126283058108204
20137303162113210
20145343380122223
2015*3493700132230
2016*3773900145239

* For 2015 and 2016 the categories Research and Development and Transport Equipment are included with Other Assets for confidentiality reasons

Due to confidentiality constraints and the risk of disclosing individual data the asset categories intangible fixed assets, research and development, and transport equipment have been suppressed for 2015 and 2016. Together transport equipment and intangible fixed assets amounted to €374bn at the end of 2016, an increase of €28bn on the 2015 level. These categories now make up 47% of the net stock of assets, compared with 24% in 2014 – see Table 3.

All sectors with the exception of Agriculture, Forestry and Fishing, Mining and Quarrying, Accommodation and Food Service Activities, and Other Service Activities recorded an increase in the current value of their fixed assets. Some sectors showing notable increases include: Information and Communication +€5.2bn; Financial and Insurance Activities +€1.7bn; Professional, Scientific and Technical Activities +€2.3bn – see Table 1.

X-axis labelOther AssetsOther Machinery and EquipmentResearch and DevelopmentTransport equipmentOther buildings and structuresDwellings
2011146643
2012146654
2013147654
2014157754
2015*4250064
2016*4750065

* For 2015 and 2016 the categories Research and Development and Transport Equipment are included with Other Assets for confidentiality reasons

Consumption of fixed capital (often termed depreciation) increased in value from €57bn in 2015 to €63bn in 2016. As in the preceding tables the asset breakdown of consumption of fixed capital has required suppression. In 2014 transport equipment and intangible fixed assets had a combined consumption of fixed capital of €16bn. In 2016 the value for those same categories was €47bn - see Table 11.

Table 1 Net Capital Stock held at end of year by type of industry at current market prices€ million
Nace Rev 2 Section20062007200820092010201120122013201420152016
Agriculture, Forestry and FishingA8,2078,60910,0329,1548,6068,8029,1748,9519,34410,1529,915
Mining and QuarryingB2,0222,1562,2622,2202,0271,9321,9661,8171,7781,7371,660
ManufacturingC35,37236,64936,63435,28734,36233,03834,24435,77038,313**
Electricity, Gas, Steam and Air Conditioning SupplyD11,40712,05712,12611,82111,56711,51911,87012,41013,08913,82014,357
Water supply; sewerage, waste management and remediation activitiesE7,2927,7027,3347,0576,7116,8477,1437,6758,3509,0469,870
ConstructionF3,7094,0793,8983,4752,9632,4782,2142,0111,9591,9572,081
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG8,9789,7379,7378,7068,2248,5749,0509,69310,32211,62012,252
Transportation and StorageH14,14015,97316,73617,35817,20617,39517,73717,27816,96117,20617,596
Accommodation and Food Service ActivitiesI4,9604,9874,9034,2393,9633,8533,7483,7653,9484,1014,079
Information and CommunicationJ10,63011,62912,40012,84513,49114,44717,71919,18622,56127,84533,043
Financial and Insurance ActivitiesK6,3126,9566,8576,5416,1975,9656,1216,4626,9897,9429,665
Real Estate ActivitiesL290,792292,790255,388213,203202,684203,840208,582214,552227,780236,154248,087
of which:            
  Dwellings 284,651284,843247,798207,253198,019199,807204,151209,931222,649229,818239,452
Professional, Scientific and Technical ActivitiesM3,5653,9684,0023,6093,8064,7265,5446,7927,6199,03411,303
Administrative and Support Service ActivitiesN28,54329,54428,72232,21536,13638,63244,65549,78968,677**
Public Administration and Defence; Compulsory Social SecurityO35,80839,47338,83237,46335,36935,55036,88837,92739,83642,38645,560
of which:            
  Roads 24,06726,63226,43826,55325,11625,31726,24826,78928,05729,57831,447
EducationP9,82010,47710,2889,3758,9608,9239,2599,4769,82710,33711,089
Human Health and Social Work ActivitiesQ5,8826,2286,0085,5105,3275,6145,8796,4457,0717,8698,589
Arts, Entertainment and RecreationR1,8132,0492,2242,1772,1052,1312,1472,1732,3342,4622,627
Other Service ActivitiesS604634624586551507472449466485455
 
Total 489,855505,697469,006422,842410,256414,772434,411452,622497,222748,210800,191
* Suppressed for confidentiality reasons
Table 2 Net Capital Stock held at end of year by type of industry at constant market prices (base 2015)€ million
Nace Rev 2 Section20062007200820092010201120122013201420152016
Agriculture, Forestry and FishingA9,0089,47610,57010,3279,9969,8949,9379,9569,99510,15210,254
Mining and QuarryingB2,0772,2272,3532,4052,2822,1652,1821,9901,8541,7371,655
ManufacturingC34,68035,73636,21136,82736,70335,97136,35737,74139,565**
Electricity, Gas, Steam and Air Conditioning SupplyD11,34311,74112,22312,73513,20113,22913,35913,68313,75113,82013,951
Water supply; sewerage, waste management and remediation activitiesE6,3666,7277,1057,5767,8147,9868,1038,4678,7999,0469,299
ConstructionF3,6584,0583,9543,5723,1252,6732,3762,1452,0111,9572,100
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG8,0298,7329,1959,0839,0149,5179,82510,34910,70011,62011,821
Transportation and StorageH13,18314,89616,14617,92518,66619,10819,09418,28717,54917,20616,989
Accommodation and Food Service ActivitiesI4,1864,2514,4954,4234,3594,2934,1304,0884,1134,1014,008
Information and CommunicationJ11,12011,82412,49213,19414,38915,82118,49919,77723,20127,84531,389
Financial and Insurance ActivitiesK5,4786,0566,4026,9396,9226,7166,7236,9677,3017,9429,247
Real Estate ActivitiesL206,396219,447229,258233,483233,987233,917233,893233,787234,554236,154239,189
of which:            
  Dwellings 201,461213,068222,527227,104228,563229,231228,891228,706229,155229,818231,055
Professional, Scientific and Technical ActivitiesM3,3593,7523,8513,6803,9895,1165,7556,9727,8329,03410,720
Administrative and Support Service ActivitiesN29,32330,30329,03832,40037,17740,49046,16050,81069,962**
Public Administration and Defence; Compulsory Social SecurityO33,09235,60538,36140,23741,17341,46341,79941,80241,98542,38642,933
of which:            
  Roads 23,39725,01526,99128,53629,33929,60229,83229,59229,60029,57829,595
EducationP8,4368,9249,4929,85110,02010,14610,15610,17310,27110,33710,466
Human Health and Social Work ActivitiesQ5,1235,4735,7836,0186,2056,5666,6357,1117,4547,8698,330
Arts, Entertainment and RecreationR1,5371,7502,0272,2632,3302,3652,3392,3362,4112,4622,586
Other Service ActivitiesS562596603590569538502478480485460
 
Total 396,957421,575439,556453,530461,920467,974477,824486,919513,789748,210774,525
* Suppressed for confidentiality reasons
Table 3 Net Capital Stock held at end of year by asset type at current market prices€ million
Asset Category20062007200820092010201120122013201420152016
Dwellings, excluding land284,651284,843247,798207,253198,019199,807204,151209,931222,649229,818239,452
Other buildings and structures114,493123,981121,229110,089102,795103,467107,966113,491121,511131,545145,333
of which:           
  Roads24,06726,63226,43826,55325,11625,31726,24826,78928,05729,57831,447
Transport equipment42,67245,55245,19849,04552,12553,10558,25862,08680,079**
Other machinery and equipment26,18226,70327,42327,47026,98527,79628,14630,04133,68837,45538,573
of which:           
  Office machinery and hardware3,0013,1943,2543,6743,7544,6595,3665,7986,0866,7047,828
Cultivated assets1,9141,8652,1581,8841,8802,2872,6082,2502,2742,7582,422
Intangible fixed assets19,94322,75225,20027,10128,45328,31133,28234,82237,021**
of which:           
  Computer software1,4461,6371,7391,7271,9132,0722,3572,5312,7423,2273,664
  Research and development17,65920,20322,46924,35925,60525,31829,93431,39233,397**
 
Total489,855505,697469,006422,842410,256414,772434,411452,622497,222748,210800,191
* Suppressed for confidentiality reasons
Table 4 Net Capital Stock held at end of year by asset type at constant market prices (base 2015)€ million
Asset Category20062007200820092010201120122013201420152016
Dwellings, excluding land201,461213,068222,527227,104228,563229,231228,891228,706229,155229,818231,055
Other buildings and structures99,341106,203113,682118,226119,992120,894122,622125,273128,103131,545136,673
of which:           
  Roads23,39725,01526,99128,53629,33929,60229,83229,59229,60029,57829,595
Transport equipment43,83046,67745,77449,23153,46155,41660,01363,18781,435**
Other machinery and equipment27,23828,88729,91229,37728,64429,86230,09532,25334,57937,45540,565
of which:           
  Office machinery and hardware2,6823,2823,6643,9304,1635,1395,5365,9196,1306,7047,759
Cultivated assets2,7312,6952,6952,6322,5592,5842,6682,6412,6362,7582,795
Intangible fixed assets22,35524,04524,96626,96028,70129,98733,53634,86037,881**
of which:           
  Computer software1,7731,9302,0062,0782,1992,3502,5682,7342,9293,2273,664
  Research and development19,78021,26022,00723,83425,46426,62329,89631,17234,053**
 
Total396,957421,575439,556453,530461,920467,974477,824486,919513,789748,210774,525
* Suppressed for confidentiality reasons
Table 5 Gross Capital Stock held at end of year by type of industry at current market prices€ million
Nace Rev 2 Section20062007200820092010201120122013201420152016
Agriculture, Forestry and FishingA16,11716,43717,90916,73715,99416,13316,62916,54417,36018,54018,393
Mining and QuarryingB4,4724,6464,7934,7394,5534,5584,7004,6144,6644,6604,494
ManufacturingC67,83971,49873,37172,31072,46271,87175,27477,98281,875**
Electricity, Gas, Steam and Air Conditioning SupplyD18,14019,54120,01019,82619,70820,18121,30522,63924,42726,33827,855
Water supply; sewerage, waste management and remediation activitiesE10,41411,03210,54810,1589,77010,09210,67911,51912,60413,77215,144
ConstructionF6,8377,3917,4097,1886,6866,1055,7975,4765,3695,2325,060
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG16,66917,70717,63616,36415,87716,44017,36418,43019,62321,54422,860
Transportation and StorageH24,93227,71429,07830,06530,49431,49233,03033,58034,09835,17936,252
Accommodation and Food Service ActivitiesI9,5079,7069,5108,4498,1458,1318,2138,4028,8749,3159,447
Information and CommunicationJ21,16623,32425,21926,40127,61229,13934,38637,69843,02551,51961,399
Financial and Insurance ActivitiesK11,78112,62012,40211,81511,60411,62512,15212,77013,65715,08817,364
Real Estate ActivitiesL357,426358,765312,661262,084251,141254,746262,937272,844291,949304,668321,698
of which:            
  Dwellings 349,606348,819303,061254,246244,542248,609256,141265,577283,839294,966309,234
Professional, Scientific and Technical ActivitiesM6,6337,3667,6197,3747,7898,99110,46412,39713,99116,51820,416
Administrative and Support Service ActivitiesN36,15139,08940,28045,76351,49456,02665,00673,50496,354**
Public Administration and Defence; Compulsory Social SecurityO50,02254,79153,78152,29649,81250,60453,07255,18358,49562,74467,895
of which:            
  Roads 34,66638,09037,49737,59135,77236,53538,39139,90942,44745,45449,057
EducationP18,24719,42619,06317,60517,14117,27018,23518,87619,61720,71422,237
Human Health and Social Work ActivitiesQ10,48511,01010,6409,8949,66210,10310,70511,53212,57813,90015,075
Arts, Entertainment and RecreationR3,3963,7513,9653,8943,8523,9844,1264,2494,5784,8575,140
Other Service ActivitiesS1,1621,2211,2321,2101,1931,1501,1201,0961,1271,1551,097
 
Total 691,394717,037677,124624,171614,987628,644665,195699,332764,2651,062,4531,167,381
* Suppressed for confidentiality reasons
Table 6 Gross Capital Stock held at end of year by type of industry at constant market prices (base 2015)€ million
Nace Rev 2 Section20062007200820092010201120122013201420152016
Agriculture, Forestry and FishingA16,82017,28518,44618,31618,07818,04518,14618,22318,32418,54018,709
Mining and QuarryingB4,5694,7444,9385,1235,1465,1375,2285,0564,8704,6604,440
ManufacturingC66,39469,75772,51375,30877,16978,03079,61081,91884,452**
Electricity, Gas, Steam and Air Conditioning SupplyD18,11219,10920,21621,36922,49323,18323,97224,95425,66226,33827,057
Water supply; sewerage, waste management and remediation activitiesE9,1039,65010,22610,90711,36611,76412,11012,70713,27913,77214,281
ConstructionF6,8177,4467,5657,3476,9846,5376,1685,8035,4905,2325,178
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG14,81515,91416,72916,90517,08617,96718,65319,55520,27921,54422,184
Transportation and StorageH23,13725,77928,05230,93932,82134,35335,34135,34335,16835,17935,198
Accommodation and Food Service ActivitiesI7,9138,1908,6568,7918,9329,0469,0359,1159,2439,3159,281
Information and CommunicationJ22,05323,73525,39527,07329,28331,80835,89138,83444,23651,51958,367
Financial and Insurance ActivitiesK10,29511,10011,69112,53512,87712,99413,25013,69414,22815,08816,699
Real Estate ActivitiesL252,852268,108280,085286,737289,733292,231294,842297,394300,745304,668310,096
of which:            
  Dwellings 246,598260,169271,584278,349282,082285,113287,181289,413292,216294,966298,335
Professional, Scientific and Technical ActivitiesM6,2036,9347,3667,5098,1289,67810,86312,73314,37016,51819,447
Administrative and Support Service ActivitiesN37,15040,08440,72046,01252,94158,69167,15374,98798,144**
Public Administration and Defence; Compulsory Social SecurityO46,78649,97453,48256,13757,82358,90159,99260,72261,61862,74464,050
of which:            
  Roads 33,70035,77738,28340,39941,78642,71943,63444,08344,78245,45446,168
EducationP15,76716,65317,64618,44619,03419,53219,86520,15020,47020,71420,999
Human Health and Social Work ActivitiesQ9,2979,87110,41310,86711,25211,80312,05012,70313,25013,90014,648
Arts, Entertainment and RecreationR2,8983,2283,6314,0074,2024,3564,4364,5304,7034,8575,100
Other Service ActivitiesS1,0831,1531,1951,2151,2191,2091,1841,1611,1581,1551,117
 
Total 572,064608,716638,963665,545686,567705,266727,788749,581789,6881,062,4531,130,354
* Suppressed for confidentiality reasons
Table 7 Gross Capital Stock held at end of year by asset type at current market prices€ million
Asset Category20062007200820092010201120122013201420152016
Dwellings, excluding land349,606348,819303,061254,246244,542248,609256,141265,577283,839294,966309,234
Other buildings and structures184,843197,535191,071173,115163,277166,511175,561185,962200,565218,155241,069
of which:           
  Roads34,66638,09037,49737,59135,77236,53538,39139,90942,44745,45449,057
Transport equipment64,40070,48673,51680,83086,36189,65398,169105,260126,622**
Other machinery and equipment51,28052,02253,87055,81356,73158,47960,22163,31870,02176,41077,441
of which:           
  Office machinery and hardware6,7136,6786,7367,7028,0219,43911,11912,27913,31614,64316,613
Cultivated assets1,9141,8652,1581,8841,8802,2872,6082,2502,2742,7582,422
Intangible fixed assets39,35246,31153,44758,28262,19763,10672,49676,96480,945**
of which:           
  Computer software3,8614,2424,5334,5445,0165,3816,0156,4807,0308,1729,065
  Research and development33,26039,70146,43051,21054,72355,19063,79067,86771,301**
 
Total691,394717,037677,124624,171614,987628,644665,195699,332764,2651,062,4531,167,381
* Suppressed for confidentiality reasons
Table 8 Gross Capital Stock held at end of year by asset type at constant market prices (base 2015)€ million
Asset Category20062007200820092010201120122013201420152016
Dwellings, excluding land246,598260,169271,584278,349282,082285,113287,181289,413292,216294,966298,335
Other buildings and structures159,218168,423178,361185,683190,420194,515199,456205,353211,486218,155226,673
of which:           
  Roads33,70035,77738,28340,39941,78642,71943,63444,08344,78245,45446,168
Transport equipment66,14772,18574,49081,05688,39593,394100,961107,040128,629**
Other machinery and equipment53,23456,23958,74459,64860,19962,72764,35667,96171,84076,41081,533
of which:           
  Office machinery and hardware6,0346,8777,5918,2428,89510,41311,47212,53613,41014,64316,460
Cultivated assets2,7312,6952,6952,6322,5592,5842,6682,6412,6362,7582,795
Intangible fixed assets44,13649,00453,09058,17762,91366,93273,16577,17482,881**
of which:           
  Computer software4,7365,0025,2285,4675,7646,1056,5547,0007,5108,1729,064
  Research and development37,25541,77845,47650,10654,42358,03663,71067,38972,703**
 
Total572,064608,716638,963665,545686,567705,266727,788749,581789,6881,062,4531,130,354
* Suppressed for confidentiality reasons
Table 9 Consumption of Fixed Capital by type of industry at current market prices€ million
Nace Rev 2 Section20062007200820092010201120122013201420152016
Agriculture, Forestry and FishingA820826869854800757753766816855859
Mining and QuarryingB351390418438424406420416386366332
ManufacturingC4,3184,5714,7804,7634,7514,5214,6404,7384,828**
Electricity, Gas, Steam and Air Conditioning SupplyD8269029138858718909379781,0421,1091,175
Water supply; sewerage, waste management and remediation activitiesE212223216208203208217229250272302
ConstructionF505554561520447376327289268250239
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG1,7791,6491,3841,1611,0661,1301,2221,3351,4871,6221,790
Transportation and StorageH1,3711,5241,6351,7321,7811,7771,8201,7811,6961,6571,657
Accommodation and Food Service ActivitiesI696629574450417391382378397417411
Information and CommunicationJ1,6291,7871,9672,0892,2702,4132,9893,4353,8694,7975,955
Financial and Insurance ActivitiesK8628838187858308107988008659631,101
Real Estate ActivitiesL7,2386,8855,3183,9793,6993,6673,7803,9774,3574,5444,880
of which:            
  Dwellings 6,8486,3764,9213,6923,4673,4493,5303,7084,0844,2424,509
Professional, Scientific and Technical ActivitiesM5406466406026147379481,1321,3101,5742,019
Administrative and Support Service ActivitiesN2,2612,3312,3462,4182,6132,8583,2653,7144,566**
Public Administration and Defence; Compulsory Social SecurityO1,3211,4301,4201,4001,3291,3101,3381,3571,3991,4761,571
of which:            
  Roads 7938748638778428548869129511,0031,066
EducationP8309029399269148879339519611,0011,069
Human Health and Social Work ActivitiesQ464473466442424437466497563640704
Arts, Entertainment and RecreationR310345343339327338342336355366370
Other Service ActivitiesS8890888682767268707471
 
Total 26,42227,04125,69424,07523,86223,99225,65027,17729,48656,78162,893
* Suppressed for confidentiality reasons
Table 10 Consumption of Fixed Capital by type of industry at constant market prices (base 2015)€ million
Nace Rev 2 Section20062007200820092010201120122013201420152016
Agriculture, Forestry and FishingA769795857889859834827834847855867
Mining and QuarryingB359390426471486465472458406366320
ManufacturingC4,2994,5454,6734,7864,8784,8184,7854,8674,955**
Electricity, Gas, Steam and Air Conditioning SupplyD8348929289569941,0201,0481,0721,0931,1091,144
Water supply; sewerage, waste management and remediation activitiesE186196209223234241245253263272286
ConstructionF509562573528464400345304273250243
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG1,2751,2781,2151,1341,0721,1961,3221,4431,5521,6221,734
Transportation and StorageH1,3111,4641,6141,7521,8561,8961,9141,8511,7401,6571,624
Accommodation and Food Service ActivitiesI487471467445434425414406412417413
Information and CommunicationJ1,7081,8471,9832,1212,3282,5963,0653,4863,9614,7975,671
Financial and Insurance ActivitiesK7127647738208848828548539039631,076
Real Estate ActivitiesL4,2684,3464,1674,0894,0344,1014,2364,4174,5734,5444,648
of which:            
  Dwellings 4,0114,0163,8483,7903,7673,8513,9584,1244,2874,2424,296
Professional, Scientific and Technical ActivitiesM5115986216036267849671,1441,3401,5741,926
Administrative and Support Service ActivitiesN2,3162,3822,3712,4322,6842,9933,3713,7904,651**
Public Administration and Defence; Compulsory Social SecurityO1,2771,3581,4411,4921,4911,5061,4921,4801,4701,4761,493
of which:            
  Roads 7718218819389609991,0071,0071,0031,0031,003
EducationP7918468979439649719799869951,0011,014
Human Health and Social Work ActivitiesQ447462482487485504518544593640700
Arts, Entertainment and RecreationR262294316336344354352349356366381
Other Service ActivitiesS8085868582797672727472
 
Total 22,40023,57624,09724,59425,19926,06727,28328,60930,45556,78160,856
* Suppressed for confidentiality reasons
Table 11 Consumption of Fixed Capital by asset type at current market prices€ million
Asset Category20062007200820092010201120122013201420152016
Dwellings, excluding land6,8486,3764,9213,6923,4673,4493,5303,7084,0844,2424,509
Other buildings and structures6,8176,7045,7754,8154,4644,4514,6134,8885,3665,7926,404
of which:           
  Roads7938748638778428548869129511,0031,066
Transport equipment4,7955,1865,4115,5275,5635,5535,7395,9586,613**
Other machinery and equipment3,1483,2103,3493,4953,4543,5583,8574,0764,5244,9675,330
of which:           
  Office machinery and hardware7277507979199461,0981,3561,4711,5651,6751,921
Cultivated assets00000000000
Intangible fixed assets4,8145,5666,2396,5466,9156,9807,9118,5478,899**
of which:           
  Computer software7067878558509331,0051,1321,2301,3281,5421,726
  Research and development3,7144,3374,9125,2105,5125,5086,2946,8417,115**
 
Total26,42227,04125,69424,07523,86223,99225,65027,17729,48656,78162,893
* Suppressed for confidentiality reasons
Table 12 Consumption of Fixed Capital by asset type at constant market prices (base 2015)€ million
Asset Category20062007200820092010201120122013201420152016
Dwellings, excluding land4,0114,0163,8483,7903,7673,8513,9584,1244,2874,2424,296
Other buildings and structures4,8654,9234,8694,9355,0025,1645,3085,4865,7015,7925,994
of which:           
  Roads7718218819389609991,0071,0071,0031,0031,003
Transport equipment4,9255,3075,4865,5365,6805,7735,8916,0526,707**
Other machinery and equipment3,1963,4253,6443,7123,6733,8344,0854,3194,6214,9675,519
of which:           
  Office machinery and hardware6477678959801,0481,2111,3941,4981,5751,6751,905
Cultivated assets00000000000
Intangible fixed assets5,4035,9066,2506,6227,0777,4468,0428,6299,139**
of which:           
  Computer software8679289861,0231,0721,1401,2331,3281,4191,5421,726
  Research and development4,1604,5634,8115,0975,4825,7926,2866,7937,255**
 
Total22,40023,57624,09724,59425,19926,06727,28328,60930,45556,78160,856
* Suppressed for confidentiality reasons
Table 13 Net Capital Stock held at end of year by type of industry & asset at current market prices, 2016€ million
Nace Rev 2 SectionDwellings, excluding landOther buildings & structuresTransport equipmentOther machinery & equipmentof which: Office machinery & hardwareCultivated assetsIntangible fixed assetsof which:Total Fixed Assets
Computer softwareResearch and Development
Agriculture, Forestry and FishingA04,6195592,30592,42210469,915
Mining and QuarryingB04931971650432471,660
ManufacturingC013,918*14,6455300*554**
Electricity, Gas, Steam and Air Conditioning SupplyD011,2271292,73225302702482114,357
Water supply; sewerage, waste management and remediation activitiesE09,69421128210277199,870
ConstructionF0842289924330272162,081
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG06,9861,0912,86895601,3073041,00312,252
Transportation and StorageH09,3057,3888002870103100317,596
Accommodation and Food Service ActivitiesI02,776571,229350161524,079
Information and CommunicationJ07,2121625,0184,090020,65154420,10833,043
Financial and Insurance ActivitiesK06,9226181,12452401,0017862159,665
Real Estate ActivitiesL239,4528,4072118081027225248,087
of which:           
  Dwellings 239,45200000000239,452
Professional, Scientific and Technical ActivitiesM02,48119568326907,9455857,36011,303
Administrative and Support Service ActivitiesN0782*1,3423020*71**
Public Administration and Defence; Compulsory Social SecurityO044,135407468106055013141945,560
of which:           
  Roads 031,447000000031,447
EducationP07,8823238510102,7911502,64111,089
Human Health and Social Work ActivitiesQ05,7143452,3041650226821448,589
Arts, Entertainment and RecreationR01,7671549342035128102,627
Other Service ActivitiesS01724022820015104455
 
Total 239,452145,333*38,5737,8282,422*3,664*800,191
* Suppressed for confidentiality reasons
Table 14 Gross Capital Stock held at end of year by type of industry & asset at current market prices, 2016€ million
Nace Rev 2 SectionDwellings, excluding landOther buildings & structuresTransport equipmentOther machinery & equipmentof which: Office machinery & hardwareCultivated assetsIntangible fixed assetsof which:Total Fixed Assets
Computer softwareResearch and Development
Agriculture, Forestry and FishingA09,5981,4074,940192,42226111518,393
Mining and QuarryingB01,299571,6291201,50811174,494
ManufacturingC026,483*27,4199370*1,442**
Electricity, Gas, Steam and Air Conditioning SupplyD021,7632865,19454406115644727,855
Water supply; sewerage, waste management and remediation activitiesE014,7814326329057124515,144
ConstructionF01,3381,0782,5776606855125,060
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG011,0823,1236,0702,19102,5857991,78622,860
Transportation and StorageH015,83818,0632,0887890262255736,252
Accommodation and Food Service ActivitiesI06,4231802,8001100444139,447
Information and CommunicationJ012,6524279,4168,152038,9031,46337,44161,399
Financial and Insurance ActivitiesK010,9531,6012,3291,19002,4811,84863317,364
Real Estate ActivitiesL309,23411,8335845520101181117321,698
of which:           
  Dwellings 309,23400000000309,234
Professional, Scientific and Technical ActivitiesM03,8105191,797600014,2901,08013,21020,416
Administrative and Support Service ActivitiesN01,141*2,6768180*316**
Public Administration and Defence; Compulsory Social SecurityO064,4369011,16828201,3903631,02767,895
of which:           
  Roads 049,057000000049,057
EducationP014,5797183021906,7573796,37822,237
Human Health and Social Work ActivitiesQ09,5437754,204304055321134215,075
Arts, Entertainment and RecreationR03,171491,011107091069195,140
Other Service ActivitiesS03461285754404835131,097
 
Total 309,234241,069*77,44116,6132,422*9,065*1,167,381
* Suppressed for confidentiality reasons
Table 15 Consumption of Fixed Capital by type of industry & asset at current market prices, 2016€ million
Nace Rev 2 SectionDwellings, excluding landOther buildings & structuresTransport equipmentOther machinery & equipmentof which: Office machinery & hardwareCultivated assetsIntangible fixed assetsof which:Total Fixed Assets
Computer softwareResearch and Development
Agriculture, Forestry and FishingA041411732520321859
Mining and QuarryingB0224591024622332
ManufacturingC0605*1,3031060*269**
Electricity, Gas, Steam and Air Conditioning SupplyD07952924166011110651,175
Water supply; sewerage, waste management and remediation activitiesE028041230734302
ConstructionF051741027012101239
Wholesale and Retail Trade; Repair of Motor Vehicles and MotorcyclesG054925461826403691482211,790
Transportation and StorageH03901,051166790494811,657
Accommodation and Food Service ActivitiesI019714193130880411
Information and CommunicationJ0373371,02894704,5182664,2525,955
Financial and Insurance ActivitiesK03221402231290416368481,101
Real Estate ActivitiesL4,509308543220151314,880
of which:           
  Dwellings 4,509000000004,509
Professional, Scientific and Technical ActivitiesM0102441617701,7122411,4712,019
Administrative and Support Service ActivitiesN057*261940*47**
Public Administration and Defence; Compulsory Social SecurityO01,234859032016267951,571
of which:           
  Roads 01,06600000001,066
EducationP0332768240663705931,069
Human Health and Social Work ActivitiesQ023774321370724032704
Arts, Entertainment and RecreationR0122477110167122370
Other Service ActivitiesS01510397087171
 
Total 4,5096,404*5,3301,9210*1,726*62,893
* Suppressed for confidentiality reasons

Background Notes

Introduction 

This release belongs to the annual series providing estimates of the values of the stocks of fixed assets according to the European System of Accounts 2010 (ESA 2010) methodology. The capital stocks are estimated using a Perpetual Inventory Method.  In this system the level of stocks are derived from the investment amounts which were made over the preceding years. The annual investments are depreciated by a depreciation function to obtain “net” values (i.e. net of depreciation).  The investments are also revalued in the process to update them from their prices in the historical year in which they were purchased to the year for which estimates are being made.

Fixed assets

The assets covered in these tables relate to Produced Fixed Assets as defined in ESA2010.  Produced fixed assets are assets which result from human effort.  They exclude natural assets such as land, mineral deposits etc. Produced fixed assets comprise:

  • Dwellings and other buildings and structures (excluding the land on which they are built)
  • Machinery and equipment (including transport equipment)
  • Cultivated assets (e.g. Livestock for breeding such as dairy cattle etc.)
  • Intangible fixed assets (Research and development, Computer software, Original works of art including musical and literary works, Mineral exploration).

Revisions

Revisions arise as amendments are made to the investment amounts i.e. to Gross Fixed Capital Formation (GFCF) in the national accounts.  Revisions also arise from improved sources or estimation methods.  Data relating to the most recent year are also added to the series.  

Gross/Net 

The two most common valuation methods for fixed capital assets are Gross and Net.  The gross capital stock represents the value of the stock still in use (i.e. not retired or scrapped) and valued at the price of new capital goods. The term Gross means gross of consumption of fixed capital (the national accounts term for depreciation).  Thus the gross stock of assets ignores decay of assets and considers past investments as new – only retirement is taken into account.  In practice fixed assets normally decline in value over time due to factors such as wear and tear and obsolescence.  Taking this declining value into account together with retirements give rise to the Net value of the stock of assets. Estimates are provided in this release using both valuation concepts.

Prices

The stock of assets is generally valued in current and constant prices. Valuation in current prices implies that all the assets accumulated over the years are valued at the prices obtaining in the year for which the estimates are given.  In the case of the gross stock this is the price of new assets.  In the case of the net stock it is the written down price of assets.  Valuation at constant prices represents the stock of capital assets in the price of the stated reference year (2015 in these tables).

Catastrophic losses

Catastrophic losses arise, generally infrequently, due to exceptional events such as acts of war or unusually severe weather conditions.  Some of the severest weather conditions ever experienced in Ireland in living memory occurred towards the end of 2009 and early in 2010.  Considerable flooding took place in 2009 and estimates have been made by which the stock of assets were reduced in 2009 and 2010 to take account of these disasters.

Depreciation

Consumption of Fixed capital (also known as depreciation) automatically becomes available as a by-product of the calculation of the stock of fixed assets in net and gross terms.  Estimates of the consumption of fixed capital are provided in the release in current and constant terms. 

Methodology

Further information is available in the Estimates of the Capital Stock of Fixed Assets Methodology (PDF 119KB) . 

Additional Data

All tables are available from the year 1985 in the CSO databank.

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