asked the Minister for Transport and Power if he will state for the last complete financial year the total capital expenditure on or towards (a) Shannon Airport and (b) Dublin Airport; how much of such capital has been repaid to date; what interest on unpaid capital is paid by or debited to each of the said airports in their accounts and what expenditure on each of the airports is provided or contemplated in the present financial year and in the next two financial years.
Ceisteanna—Questions. Oral Answers. - Capital Expenditure on Airports.
23.
Total voted capital expenditure for the last complete financial year (1960/61) on or towards (a) Shannon Airport was £477,504 and (b) Dublin Airport was £274,673. The corresponding figures for the period from the inception of the Airports to 31st March, 1961, are (a) £4,614,942 and (b) £2,417,619. Receipts from the two Airports are not allocated directly either to repayment of capital or payment of interest but in calculating the operating results of each Airport interest on capital is debited at the current rate. The Estimates for the current financial year provide for capital expenditure of £587,000 for Shannon Airport and of £406,000 for Dublin Airport. The Estimates for 1962/63 are not yet available. They will be published in the official estimate for that year.