asked the Minister for Agriculture and Fisheries the amount of capital employed in the State-sponsored companies under his control; and the amount of interest paid in 1966 in respect of that capital.
Ceisteanna—Questions. Oral Answers. - Capital in State-Sponsored Companies.
24.
As the reply 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 statement:—
|
Name of Board or Company |
Year ended* |
Share Capital |
Repayable Advances from Exchequer |
Non-Repayable Capital Grants |
Total |
Interest paid |
|
£ |
£ |
£ |
£ |
£ |
||
|
National Stud Company Ltd. (a) |
31/12/65 |
395,880 |
— |
— |
395,880 |
Nil |
|
An Bord Iascaigh Mhara |
31/3/65 |
— |
1,473,322 |
506,998 |
1,980,320 |
80,000 |
|
An Foras Talúntais (b) |
31/3/66 |
— |
— |
2,201,491 |
2,201,491 |
Nil |
|
Dairy Disposal Co. Ltd. (c) |
31/12/65 |
20,022 |
584,603 |
98,674 |
703,299 |
35,076 |
|
TOTALS |
415,902 |
2,057,925 |
2,807,163 |
5,280,990 |
115,076 |
*Latest years for which Accounts and Balance Sheets are available.
NOTES:
(a) The share capital of the National Stud Company Ltd. is held by the Minister for Finance.
(b) The figure of £2,201,491 shown above for An Foras Talúntais is made up as follows:—
|
(i) value of property transferred by the Department of Agriculture to an Foras |
£172,429 |
|
(ii) the amounts in the Capital and Endowment Funds of an Foras which were created out of the US Grant Counterpart Fund |
£1,889,062 |
|
(iii) the amount in the Capital Grant Account created out of non-repayable State grants |
£140,000 |
(c) The share capital of the Dairy Disposal Company Ltd. is held by the directors on behalf of the Minister for Finance; the figure of £35,076 shown for interest paid relates solely to the repayable advance from the Exchequer of £584,603.