Daniel company’s accounts show 5 million euro profit in three years

Accounts filed by singer Daniel O'Donnell's main company show a 2 million euro increase in profits from 2009 to 2011.

However, the 50 year old says it's not about the money, he just loves to sing.

Returns recently filed by DOD Promotions Ltd, for the three years to last December show accumulated profits increased by 67 per cent over the period, from almost €3 million in 2009 to almost €5 million at the end of last October.

However, the annual profits are declining, with profits of €307,000 last year, compared to €1.2m in 2009.

The figures show that DOD Promotions Ltd received €429,277 last year from touring company Brockwell, and was due an additional €1 million from Brockwell Ltd at the end of the year.

The abridged accounts for DOD Promotions Ltd show that last year the firm paid €127,369 in corporation tax.