asked the Minister for Finance if he will state the various concerns in which the State (a) invested money as a shareholder; (b) provided the whole of the capital under any form of arrangement, and (c) provided under any arrangement portion of the capital and the several amounts now outstanding.
Ceisteanna—Questions. Oral Answers. - State Investments.
(a) The State has invested in shares of various concerns, as follows:—
|
Name of Concern. |
Amount invested to date. |
|
Industrial Trust Co. of Ireland, Ltd. |
£50,000 |
|
Agricultural Credit Corporation, Ltd. |
£292,118 |
|
Comhlucht Siúicre Eireann, Teo. |
£500,000 |
|
Industrial Credit Co., Ltd. |
£492,064 |
|
Drumm Battery Co., Ltd. |
£648 |
(b) The State has provided, by way of advances, the whole of the capital of the Electricity Supply Board. The amount which the Board is liable to repay to the State is £10,119,640 to date. The State has also invested in various creameries, the liability outstanding in this connection on 31st December, 1934, being £654,654.
(c) No concerns appear to fall under this head.