b"Group Balance Sheetfor the year ended 31 March 2019Choice Housing Ireland2019 2018 2019 2018(Restated) (Restated)'000 '000 000s 000sTurnover 68,80062,877 Fixed assetsOperating expenditure Tangible assetsOperating costs (52,318) (49,066) Housing Properties 893,124 818,700Operating surplus 16,48213,811 Other tangible fixed assets 3,1123,495 Investment property 12,357 5,270Gain on disposal of tangible fixed assets 514600 Financial Assets - - Interest receivable and similar income 18761 908,593 827,465 Interest payable and similar charges (8,441) (6,044)Net finance charges relating to pension scheme (105) (165) Current assetsFair value uplift in investment properties*634618 Stock 1,130414 Reversal of impairment of financial assets Trade and other Debtors16,344 13,795Transfer of disposal proceeds fund (485) (564) Cash Investments 1,793 Movement in fair value of financial instruments (171) (50) Cash and cash equivalents 16,067 29,32635,33443,535 Surplus before tax 8,6158,267Taxation (97)(23) Creditors: amounts falling due within one year (68,253) (60,945)Surplus for the year 8,518 8,244 Net current liabilities (32,919) (17,410)Total assets less current liabilities 875,674810,055 Creditors: amounts falling due (758,596) (700,093)after more than one yearProvisions for liabilitiesPension Liability (6,869) (4,351)Net assets 110,209 105,611 Capital and reservesShare capitalForeign exchange translation reserve 260346Cash-flow hedge reserve (9,349) (8,508)Revenue reserve 119,298 113,773 Total reserves110,209 105,611 Choice Annual Report | 2018/1945"