asked the Minister for Finance if he will state (1) the amount paid by the Electricity Supply Board during each of the financial years 1950 and 1951 in interest in respect of advances made (a) under the Electricity Supply Act; (b) under Shannon Fisheries Acts, and (c) by way of bank overdraft; (2) the total amount of capital or other receipts in the form of advances or loans received by the Electricity Supply Board during those two years, and (3) the amount of the redemptions paid by the Electricity Supply Board during the financial years 1950 and 1951.
Ceisteanna—Questions. Oral Answers. - Finances of State Companies.
I assume that the question refers to the financial years 1950-51 and 1951-52.
The following is the information requested as regards advances to the Electricity Supply Board from the Exchequer. I have no function as regards any accommodation the board may obtain from other sources:—
|
1950/51 |
1951/52 |
|
|
£ |
£ |
|
|
(1) Interest in respect of advances made under: |
||
|
(a) Electricity (Supply) Acts |
956,635 |
1,116,692 |
|
(b) Shannon Fisheries Acts |
8,453 |
8,379 |
|
(2) Total capital advances from Exchequer |
4,600,000 |
8,800,000 |
|
(3) Total redemptions paid by board |
193,239 |
236,001 |
asked the Minister for Finance if he will state the amount of interest on their bank overdraft for each of the five years ending 1951 paid by (a) Tea Importers, Limited; (b) Grain Importers, Limited; (c) Irish Steel, Haulbowline, Limited; and (d) the Butter Marketing Committee.
As the reply is in the form of a tabular statement, I propose, with the permission of the Ceann Comhairle, to have it included in the Official Report.
Following is the statement:—
PARTICULARS OF INTEREST PAYMENTS ON FOOT OF BANK OVERDRAFT, 1947-1951.
|
1947 |
1948 |
1949 |
1950 |
1951 |
|||||||||||
|
£ |
s. |
d. |
£ |
s. |
d. |
£ |
s. |
d. |
£ |
s. |
d. |
£ |
s. |
d. |
|
|
Tea Importers, Ltd., (year ended 31st December) |
8,560 |
10 |
7 |
2,505 |
10 |
5 |
474 |
15 |
1 |
999 |
5 |
3 |
3,931 |
4 |
4 |
|
Grain Importers, Ltd., (year ended 31st August) |
3,066 |
0 |
0 |
10,536 |
0 |
0 |
11,052 |
0 |
0 |
64,039 |
0 |
0 |
87,740 |
0 |
0 |
|
Irish Steel Holdings, Ltd., (year ended 30th June) |
* — |
5,317 |
14 |
8 |
6,282 |
4 |
5 |
6,461 |
18 |
5 |
7,286 |
2 |
3 |
||
|
Butter Marketing Committee (year ended 31st December) |
17,151 |
12 |
4 |
29,984 |
19 |
0 |
37,259 |
2 |
0 |
32,337 |
11 |
0 |
29,207 |
8 |
0 |
* Irish Steel Holdings, Ltd., was not incorporated until the 23rd June, 1947.