Dáil Éireann debate -
Wednesday, 1 Dec 1965

Vol. 219 No. 5

Ceisteanna—Questions. Oral Answers. - Hospitals Trust Fund.

69.

Dr. O'Connell

asked the Minister for Health (i) the total amount of money in the Hospitals Trust Fund in each of the past five years, (ii) the total moneys paid out of this Fund in the same years and for what purposes, and (iii) where the funds are at present invested.

Mr. O'Malley

As this information is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to circulate it with the Official Report.

Following is the information:—

Financial Year ending	Total amount paid out of the Hospitals Trust Fund (total of columns 2, 3 and 4)	Grants towards Cost of Capital Work	Grants towards Revenue Deficits of Voluntary Hospitals	Miscellaneous	Balance in the Fund on the 31st March in each year
	(1)	(2)	(3)	(4)	(5)
31st March, 1961	2,118,175	548,237	1,499,968	69,970	4,860,104
31st March, 1962	2,916,423	682,727	2,139,996	93,700	4,402,378
31st March, 1963	2,516,510	495,455	1,899,925	121,130	5,035,445
31st March, 1964	3,238,284	694,055	2,399,804	144,425	6,072,503
31st March, 1965	3,705,049	1,361,192	2,191,209	152,648	6,259,358

The balance in the Fund on the 31st October, 1965, was made up as follows:—

	£
(1) Cash at Bank of Ireland, Dublin	7,030
(2) Exchequer Bills at Cost Price	768,200
(3) Investments in Irish Government and Irish Corporation Stocks valued at cost price viz.:—
£625,000 6% Exchequer Stock, 1980/85	609,060
£250,000 5¾% Exchequer Stock, 1984/89	248,750
£1,100,000 5½% Exchequer Stock, 1971/74	1,083,364
£550,000 4½% Exchequer Stock, 1968	533,250
£1,000,000 5¼% National Development Loan, 1979/84	985,000
£1,500,000 5¾% National Loan, 1982/87	1,482,187
£100,000 5% National Loan, 1962/72	96,375
£1,200 4% Cork Corporation Stock, 1933	979
£2,500 4% Funding Loan 1960/90	2,220
£4,100 4½% Land Bonds	3,075
	5,044,260	5,044,260
		5,819,490