The table below gives a breakdown of the total expenditure in 2025 and 2024.

Expenditure type2025
Actual (€)
2024
Actual (€)
Secretariat1,300,5961,243,447
Strategy projects483,523934,513
Consultants and services411,983375,211
IT software371,477348,158
Travel, subsistence and meetings271,986265,749
Board and governance245,489229,811
Finance costs32,4245,805
Depreciation and amortisation7,7849,987
Total Expenditure3,125,2623,412,681

Notes

Secretariat

The cost of the people who carry out the day-to-day running of SBP.

Strategy projects

The costs associated with the three-year work plan (2023–25) in support of SBP’s strategic objectives.

Consultants and services

The costs of consultants engaged to carry out specific project work and multiple service providers for functions including accountancy, payroll, secretarial services, accreditation, assurance, and legal advice.

IT software

The costs associated with licences for the use of multiple software products, including running and developing the DTS and Audit Portal, and licences for the use of various software platforms.

Travel, subsistence and meetings

The travel-related costs that arise from the day-to-day running of SBP, running Working Groups, attending industry events and engaging with stakeholders.

Board and governance

The costs arising from running SBP’s multistakeholder governance system.

Finance costs

Represents bank charges, bad debts, and foreign exchange gains/losses.

Depreciation and amortisation

The cost of SBP’s tangible assets and software development spread over the lifetime of each asset.