asked the Minister for Finance if he will give details of (a) the share capital, (b) loan capital, (c) profit or loss, (d) total wages paid, (e) number of employees and (f) the amount and value of exports from each of the semi-State companies for which his Department is responsible for each of the years 1951, 1958 and 1961 to 1968 inclusive.
Ceisteann—Questions. Oral Answers. - Semi-State Companies' Statistics.
7.
As the answer is in the form of a tabular statement I propose, with your permission, a Cheann Comhairle, to have it circulated with the Official Report.
Following is the information in so far as it is available:
The Agricultural Credit Corporation Ltd.
|
Year ended |
Share Capital |
Loan Capital |
Net Profit before Taxation |
Total Wages Paid |
Number of Employees |
|
£ |
£ |
£ |
£ |
||
|
30 April, 1951 |
300,000 |
1,212,000 |
15,000 |
15,000 |
37 |
|
,, 1958 |
300,000 |
2,230,000 |
35,000 |
26,000 |
40 |
|
,, 1961 |
300,000 |
3,028,000 |
24,000 |
34,000 |
48 |
|
,, 1962 |
990,000 |
2,958,000 |
22,000 |
40,000 |
51 |
|
,, 1963 |
990,000 |
4,586,000 |
28,000 |
45,000 |
58 |
|
,, 1964 |
1,490,000 |
5,375,000 |
37,000 |
55,000 |
71 |
|
,, 1965 |
2,000,000 |
9,149,000 |
58,000 |
78,000 |
110 |
|
,, 1966 |
3,448,000 |
12,625,000 |
95,000 |
90,000 |
123 |
|
,, 1967 |
4,048,000 |
14,075,000 |
136,000 |
102,000 |
124 |
|
,, 1968 |
5,598,000 |
14,205,000 |
214,000 |
112,000 |
136 |
The Industrial Credit Company Ltd.
|
Year ended |
Share Capital |
Loan Capital |
Net Profit before Taxation |
Total Wages Paid |
Number of Employees |
|
£ |
£ |
£ |
£ |
||
|
31 October, 1951 |
1,000,000 |
— |
110,012 |
6,491 |
11 |
|
,, 1958 |
2,000,000 |
1,800,000 |
78,164 |
13,353 |
24 |
|
,, 1961 |
7,480,000 |
2,700,000 |
275,145 |
26,902 |
26 |
|
,, 1962 |
8,830,000 |
4,880,000 |
273,261 |
33,516 |
28 |
|
,, 1963 |
8,830,000 |
5,343,000 |
282,997 |
35,518 |
30 |
|
,, 1964 |
8,830,000 |
5,555,154 |
299,462 |
41,046 |
33 |
|
,, 1965 |
8,830,000 |
9,198,000 |
301,786 |
53,425 |
33 |
|
,, 1966 |
8,830,000 |
9,517,000 |
314,330 |
55,562 |
37 |
|
,, 1967 |
8,830,000 |
9,841,000 |
246,516 |
56,895 |
38 |
Taiscí Stáit Teoranta
|
Year ended |
Share Capital |
Loan Capital |
Loss |
|
£ |
£ |
£ |
|
|
31 March, 1965 |
7 |
448,200 |
See note (a) |
|
,, 1966 |
100 |
1,005,900 |
2,278 |
|
,, 1967 |
100 |
1,083,900 |
5,261 |
|
,, 1968 |
100 |
1,325,030 |
4,960 |
NOTES (a) The Company was incorporated in February, 1964, and its transactions during the first accounting period, ended 31 March, 1965, were of a capital nature only.
(b) The Company has no employees; the Industrial Credit Co. acts as manager for the Company.
The Irish Life Assurance Company Ltd.
|
Year ended |
Share Capital |
Loan Capital |
Valuation Surplus |
Total Wages Paid |
Number of Employees |
|
£ |
£ |
£ |
£ |
£ |
|
|
31 December 1951 |
100,000 |
Nil |
Nil |
670,176 |
1,394 |
|
,, 1958 |
100,000 |
Nil |
202,500 |
893,270 |
1,267 |
|
,, 1961 |
100,000 |
Nil |
248,500 |
1,056,764 |
1,272 |
|
,, 1962 |
100,000 |
Nil |
290,000 |
1,216,352 |
1,240 |
|
,, 1963 |
100,000 |
Nil |
290,000 |
1,292,986 |
1,194 |
|
,, 1964 |
100,000 |
Nil |
400,000 |
1,431,379 |
1,153 |
|
,, 1965 |
100,000 |
Nil |
400,000 |
1,513,545 |
1,124 |
|
,, 1966 |
100,000 |
Nil |
450,000 |
1,625,752 |
1,072 |
|
,, 1967 |
100,000 |
Nil |
525,000 |
1,702,756 |
1,061 |
NOTE: This Company does not earn profits in the normal sense of the term. The figures in column 4 represent surpluses on periodic valuations.
Comhlucht Siúicre Éireann Teoranta
|
Year ended |
Share Capital |
Loan Capital |
Net Profit before Taxation |
Total Wages Paid |
Number of Employees |
Value of Exports |
|
|
Campaign Seasons |
Off-season |
||||||
|
£ |
£ |
£ |
£ |
£ |
|||
|
30 April 1951 |
1,000,000 |
999,000 |
444,000 |
657,000 |
2,881 |
1,254 |
Nil |
|
,, 1958 |
1,000,000 |
946,000 |
283,000 |
1,041,000 |
2,921 |
1,629 |
208,000 |
|
,, 1961 |
1,000,000 |
908,000 |
562,000 |
1,291,000 |
3,505 |
1,974 |
421,000 |
|
,, 1962 |
2,000,000 |
906,000 |
573,000 |
1,652,000 |
3,702 |
2,528 |
542,000 |
|
,, 1963 |
3,500,000 |
901,000 |
578,000 |
2,124,000 |
4,126 |
2,652 |
1,076,000 |
|
,, 1964 |
5,000,000 |
901,000 |
533,000 |
2,464,000 |
4,660 |
3,032 |
1,800,000 |
|
,, 1965 |
5,000,000 |
1,901,000 |
172,000 |
1,956,000 |
4,019 |
3,172 |
551,000 |
|
,, 1966 |
5,000,000 |
1,901,000 |
1,065,000 |
1,640,000 |
2,612 |
2,426 |
648,000 |
|
,, 1967 |
5,000,000 |
1,901,000 |
1,423,000 |
1,549,000 |
3,448 |
2,212 |
781,000 |
NOTE: Share Capital includes preference shares.
Erin Foods Ltd.
|
Year ended |
Share Capital |
Loan Capital |
Losses |
Total Wages Paid |
Number of Employees |
Value of Exports |
|
£ |
£ |
£ |
£ |
£ |
||
|
30 April, 1965 |
200,015 |
2,457,674 |
871,594 |
637,000 |
1,095 |
1,049,000 |
|
30 April, 1966 |
477,148 |
4,224,146 |
1,294,214 |
665,000 |
1,166 |
1,202,000 |
|
30 April, 1967 |
477,152 |
5,287,408 |
1,224,969 |
719,000 |
1,013 |
1,637,000 |
NOTE: The Company is a wholly-owned subsidiary of Comhlucht Siúicre Éireann Teo. It was incorporated in September, 1963, and commenced trading in May, 1964.