€11m windfall for Facebook staff

Executives and staff at Facebook Ireland shared a €11.84m share windfall last year as revenues surged 70% to €1.789bn.

New figures show Dublin- based Facebook Ireland Ltd last year accounted for 47.7% of the social networking giant’s global revenues of $5.089bn (€3.75bn) in 2012.

New accounts lodged with the Companies Office show that in spite of revenues increasing from €1.051bn to €1.78bn, Facebook Ireland Ltd still did not manage to record a pre-tax profit.