asked the Minister for Finance if he will give particulars of the surpluses and deficits of State companies, bringing up to date the information given in the reply to Question No. 48 of 15th April, 1964.
Written Answers. - Surpluses and Deficits of State Companies.
95.
The following is the information requested by the Deputy:
COMPANIES in which the State has a majority share-holding. Profits (+) and losses (-) for accounting years subsequent to those covered by reply of 15th April, 1964.
|
Year ended(See note (a)) |
£ |
|
|
Aer Rianta Teo. (See note (e)) |
31/3/64 |
134,681 |
|
Agricultural Credit Corporation Ltd. |
30/4/64 |
37,022 |
|
Arramara Teo. |
30/9/63 |
2,168 |
|
Ceimicí Teo. |
30/9/64 |
-70,289 |
|
Comhlucht Siúicre Éireann Teo. (see note (d)) |
30/4/64 |
342,484 |
|
Dairy Disposal Co. Ltd. (see note (e)) |
31/12/63 |
+204,140 |
|
Cólucht Groighe Náisiúnta na h-Éireann, Teo. |
31/12/63 |
-4,427 |
|
Irish Steel Holdings Ltd. |
30/6/64 |
-191,081 |
|
Industrial Credit Co. Ltd. (see note (e)) |
31/10/64 |
-299,462 |
|
Irish Shipping Ltd. |
31/3/64 |
-556,721 |
|
Irish Life Assurance Co. Ltd. (see note (f)) |
31/12/63 |
580,000 |
|
National Building Agency Ltd. |
31/3/64 |
+562 |
|
Shannon Free Airport Development Co. Ltd. (see note (g)) |
31/3/64 |
-350,547 |
NOTES:—
(a) Years of account vary. The figures given are the latest available.
(b) Allowances made for depreciation are included.
(c) Except in the case of Comhlucht Siúicre Éireann Teo., the figures are as calculated before taxation.
(d) The figure here is net after providing for taxation.
(e) Does not include results of trading of wholly-owned subsidiaries.
(f) The surplus is the result of biennial valuation.
(g) Represents the deficit on the Company's Income and Expenditure account before account is taken of State grants (£266,500) received.