asked the Minister for Industry and Commerce if he will state in respect of the following semi-State bodies coming within the purview of his Department, viz., Bord na Móna, Coras Iompair Éireann, Electricity Supply Board, Comhlucht Siúicre, Éireann, Irish Shipping Limited, Aer Lingus, Teo., Aer Rianta, Teo., Ceimici Teo., Fuel Importers, Grain Importers Limited, Mianraí Teo., Irish Steel Holding and Dundalk Engineering Works (1) the date of establishment, (2) the capital provided (a) from public funds and (b) from private sources, (3) the capital repaid to date, (4) the interest paid to date, (5) the number of workers employed in a recent year, and (6) the total wages and salaries paid in a recent year.
Written Answers. - Semi-State Bodies.
27.
The information is as follows:—
INFORMATION IN RESPECT OF CERTAIN SEMI-STATE BODIES COMING WITHIN THE PURVIEW OF THE MINISTER FOR INDUSTRY AND COMMERCE.
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
||
|
Capital Provided |
|||||||
|
Name of Semi-State Body |
Date of Establishment |
(a)from public funds |
(b)from private sources |
Capital repaid to date |
Interest paid by Body to date |
Number of workers employed in a recent year |
Total wages and salaries paid in a recent year |
|
Bord na Móna |
21st June, 1946 |
£14,012,472 |
£500,000 |
£836,067 (to 31st March, 1959) |
£2,424,160 (to 31st March, 1959) |
5,779 (peak of 1958) |
£1,945,483(1958-59) |
|
Córas Iompair Éireann |
1st June, 1950 |
£4,775,412 (comprising grants amounting to £2,972,412; and advances amounting to £1,803,000 written off as from 1st April, 1958, under the Transport Act, 1958) |
£23,403,543 (Transport Stock guaranteed as to principal and interest by Minister for Finance) |
Nil |
£142,391 by company on loans which were written off as from 1st April, 1958(£5,613,000 paid out of public funds in respect of interest on Transport Stock) |
23,370 (March, 1959) |
£10,014,242(1958-59) |
|
Electricity Supply Board |
11th August, 1927 |
£71,424,636 |
£15,756,021 |
£5,885,447 (to 31st March, 1959) |
£32,508,963 (to 31st March, 1959) |
7,800 (average for 1957-58) |
£4,332,954(1957-58) |
|
Comhlucht Siuicre Éireann Teo. |
22nd September, 1933 |
£500,000 |
£1,500,014 |
£65,859 |
£2,148,839 (including Dividends) |
2,244 (average in 1958-59) |
£1,070,428(in 1958-59) |
|
Irish Shipping Ltd. |
21st March, 1941 |
£5,391,000 |
£7 |
Nil |
Nil |
900 (estimate) |
not available |
|
Aer Lingus Teo. |
22nd May, 1936 |
£1,996,0199(including £1,425,005 for investment in Aer Linte) |
£3,483,070 |
Nil |
£85,443 |
1,840 (March, 1958)1,840 |
£993,010(1957-58) |
|
Aer Rianta Teo. |
5th April, 1937 |
314 (March, 1958) |
£102,1861957-58) |
||||
|
Ceimici Teo. |
21st March, 1939 |
£520,756 |
£10 |
£25,000 |
£137,003 to 30th September, 1958 (including dividends) |
200 (including 66 casual workers) |
£51,085(1958) |
|
Fuel Importers (Eire) Ltd. |
8th July, 1940 |
Nil |
£10 |
— |
— |
17 (at 31st December, 1958) |
£8,992 |
|
(This Company was financed by State-guaranteed Bank overdraft and is at present being wound up) |
(1958) |
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|
Grain Importers Ltd. |
29th September, 1939 |
Nil |
£7 |
— |
— |
— |
— |
|
(This Company was financed by State-guaranteed Bank overdraft and is at present being wound up.) |
|||||||
|
Mianrai Teo. |
June, 1945 |
£1,047,200 |
Nil |
£35,000 |
Nil |
Nil |
Nil |
|
(This Company ceased operations in 1955 and the outstanding repayable advances have been written off.) |
|||||||
|
Irish Steel Holdings Ltd. |
June, 1947 |
Nil |
£3 |
Nil |
Nil |
484 (March, 1959) |
£240,000 |
|
The Company is financed by State-guaranteed bank loan, private loan and trading surpluses. |
(to 30th June, 1958) |
||||||
|
Dundalk Engineering Works Ltd. |
Since March, 1959, this Company has become an independent commercial concern. |