Accumulated profits at the media firm owned by RTÉ presenter Ryan Tubridy increased by 75 per cent last year.
Accounts just filed by the Late Late Show host’s firm, Tuttle Productions Ltd, show the firm’s accumulated profits increased from €34,396 to €60,446 in the year to the end of August 2011.
Figures released by RTÉ last year show Tubridy (37) earned €519,667 from RTÉ in 2009 – the third-highest behind Pat Kenny.
Accounts lodged by the firm operated by another RTÉ high earner, Eamon Dunphy, show a 20 per cent rise in accumulated profits, from €371,130 to €447,771 in the 12 months to December 2010. Shareholder funds increased from €672,399 to €749,040.
The accounts show that the company’s fixed assets include an investment property valued at €830,000 in December 2010 – no change from December 2009.
The figures show a marginal rise in company cash from €25,789 to €29,996. It paid corporation tax of €3,519 in 2010 compared to €1,827 in 2009.
According to RTÉ, the football pundit and newspaper columnist sustained the largest drop in salary of the RTÉ top-10 with his 2008 earnings of €328,051 dropping to €225,485 in 2009.
