With your permission, a Cheann Comhairle, I propose to take Questions Nos. 12 and 13 together and to reply in the form of a tabular statement which will be circulated with the Official Report.
Following is the statement:—
Three offshore fishing vessels of An Bord Iascaigh Mhara.
|
£
|
Capital:
|
|
Cost in July, 1952
|
50,250 (a)
|
Additional outlay to 31 March, 1953
|
14,687
|
Further outlay to 31 March, 1960 (exclusive of £3,353 for asdic equipment retained on sale of vessels and £3,444 recovered from insurers)
|
41,790
|
Net total outlay to 31 March, 1960
|
106,727
|
Net amount (after deduction of shipbrokers' commission) realised on sale to Claridge Trawlers Ltd., Lowestoft, Suffolk, England
|
33,950 (a)
|
Total depreciation
|
72,777
|
Average depreciation per vessel per year
|
3,032
|
Operation to 31 March, 1960 (b):
|
|
Gross value of fish landed
|
255,937 (c)
|
Commission and other sales charges
|
19,195
|
Net value of fish
|
236,742
|
Outgoings (including £22,625 interest to Exchequer, crews' shares, repairs, management expenses, etc.)
|
288,992
|
Losses
|
52,250
|
Average loss per vessel per year
|
2,177
|
Total of depreciation and operational losses (excluding any loss on operation after 31 March, 1960)
|
125,027
|
|
|
(a) The three vessels were bought and sold together and a separate price was not determined for each of them.
(b) Figures for operation of the vessels—
(i) for the year ended 31 March, 1960, are subject to audit, and
(ii) since 31 March, 1960, are not yet available.
(c) The value of the catch of each of the vessels cannot readily be segregated for the entire period.