asked the Minister for Transport and Power if he will give details of (a) the share capital, (b) the loan capital, (c) the profit or loss, (d) the total wages paid, (e) the number of employees and (f) the amount and the value of exports for each of the semi-State companies for which his Department is responsible, for each of the years 1951, 1958 and 1961 to 1968 inclusive.
Ceisteanna—Questions. Oral Answers. - Semi-State Companies.
22.
The information is in the form of a tabular statement which, with your permission, a Cheann Comhairle, I propose to circulate with the Official Report.
Following is the statement:—
|
1951 |
1958 |
1961 |
1962 |
1963 |
1964 |
1965 |
1966 |
1967 |
1968 |
||
|
Aer Rianta Teoranta: |
|||||||||||
|
(a) Share Capital (i) |
£ |
2,000,000 |
2,000,000 |
9,975,541 |
10,418,541 |
10,695,541 |
11,327,248 |
12,950,047 |
51,269 |
51,269 |
51,269 |
|
(b) Loan Capital (ii) |
£ |
— |
655,524 |
— |
— |
— |
280,000 |
1,270,000 |
— |
— |
— |
|
(c) Profit or loss (iii) |
£ |
810 |
33,503 |
91,375 |
111,146 |
86,072 |
134,681 |
184,204 |
244,797 |
243,684 |
228,367 |
|
(d) Total wages paid |
£ |
87,183 |
157,706 |
223,413 |
281,963 |
346,667 |
401,615 |
515,884 |
561,049 |
622,157 |
749,820 |
|
(e) Number of employees |
219 |
297 |
403 |
484 |
500 |
510 |
548 |
621 |
600 |
613 |
|
|
(f) Amount and value of exports |
£ |
— |
— |
— |
— |
— |
— |
— |
— |
— |
— |
|
Aer Lingus Teoranta/ |
|||||||||||
|
Aerlinte Eireann Teo.: |
|||||||||||
|
(a) Share capital |
£ |
2,380,000 |
3,500,000 |
9,990,000 |
10,290,000 |
10,400,000 |
11,090,000 |
12,610,000 |
13,610,000 |
13,610,000 |
13,610,000 |
|
(b) Loan capital |
£ |
— |
1,880,000 |
1,550,000 |
1,550,000 |
1,000,000 |
1,000,000 |
1,000,000 |
5,880,000 |
6,980,000 |
11,840,000 |
|
(c) Profit or loss (iv) |
£ |
+ 10,000 |
– 40,000 |
+ 180,000 |
+ 260,000 |
+ 360,000 |
+ 1,160,000 |
+ 1,230,000 |
+ 1,020,000 |
+ 1,110,000 |
+ 1,200,000 |
|
(d) Total wages paid (v) |
£ |
520,000 |
1,260,000 |
2,010,000 |
2,890,000 |
3,430,000 |
3,970,000 |
5,060,000 |
5,770,000 |
6,810,000 |
7,770,000 |
|
(e) Number of employees |
1,289 |
1,858 |
2,592 |
3,162 |
3,551 |
3,768 |
4,420 |
4,683 |
4,895 |
4,954 |
|
|
(f) Amount and value of exports (vi) |
£ |
800,000 |
1,800,000 |
4,600,000 |
6,400,000 |
8,000,000 |
9,100,000 |
10,700,000 |
12,600,000 |
14,800,000 |
17,300,000 |
|
Córas Iompair Eireann/ |
|||||||||||
|
Ostlanna Iompair Eireann: |
|||||||||||
|
(a) Share Capital: |
|||||||||||
|
CIE. |
£ |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
|
OIE. (vii) |
£ |
— |
— |
— |
— |
100,000 |
100,000 |
100,000 |
100,000 |
100,000 |
100,000 |
|
(b) Loan Capital (viii) |
£ |
18,866,000 |
25,207,000 |
16,514,000 |
16,514,000 |
18,514,000 |
18,514,000 |
18,514,000 |
20,314,000 |
22,404,000 |
23,923,000 |
|
(c) Profit or loss (loss) |
£ |
1,223,000 |
2,261,000 |
246,000 |
1,696,000 |
1,760,000 |
1,606,000 |
1,475,000 |
2,229,000 |
2,398,000 |
2,480,000 |
|
(d) Total wages paid (ix) |
£ |
5,934,000 |
9,162,000 |
11,580,000 |
12,996,000 |
13,902,000 |
13,677,000 |
15,814,000 |
15,840,000 |
17,199,000 |
18,619,000 |
|
(e) Number of employees |
22,100 |
19,554 |
21,325 |
22,146 |
20,969 |
20,192 |
20,121 |
19,774 |
20,145 |
20,213 |
|
|
(f) Amount and value of exports |
£ |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
|
Electricity Supply Board: |
|||||||||||
|
(a) Share capital |
£ |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
|
(b) Loan capital |
£ |
26,521,852 |
78,276,409 |
76,550,137 |
79,889,144 |
86,421,435 |
95,587,645 |
100,334,495 |
104,522,476 |
108,815,240 |
114,286,658 |
|
(c) Profit or loss (x) |
£ |
+ 539,217 |
– 262,224 |
+ 577,828 |
+ 361,406 |
+ 527,243 |
+ 252,222 |
– 266,021 |
+ 172,908 |
+ 51,762 |
+ 46,449 |
|
(d) Total wages paid |
£ |
2,448,381 |
4,332,954 |
5,184,456 |
5,719,282 |
6,295,586 |
7,030,560 |
8,492,834 |
9,050,977 |
9,357,558 |
10,594,992 |
|
(e) Number of employees |
6,499 |
7,307 |
7,885 |
8,140 |
8,687 |
9,200 |
9,719 |
9,273 |
9,587 |
9,954 |
|
|
(f) Amount and value of exports |
£ |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
|
Bord na Móna: |
|||||||||||
|
(a) Share capital |
£ |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
|
(b) Loan capital |
£ |
4,409,270 |
12,005,608 |
16,777,937 |
18,284,238 |
19,462,398 |
20,553,835 |
22,044,422 |
22,983,452 |
24,85,6153 |
24,723,873 |
|
(c) Profit or loss (xi) |
£ |
51,411 |
490,336 |
560,424 |
615,574 |
1,072,151 |
888,553 |
495,242 |
522,760 |
471,763 |
614,883 |
|
(d) Total wages paid |
£ |
788,840 |
1,943,187 |
2,394,163 |
2,887,867 |
2,892,209 |
3,168,487 |
3,788,227 |
3,588,520 |
3,939,499 |
4,074,361 |
|
(e) Number of employees (xii) |
3,968 |
6,720 |
6,565 |
7,462 |
6,044 |
5,968 |
6,369 |
6,159 |
6,792 |
6,185 |
|
|
(f) Exports: |
|||||||||||
|
Value |
£ |
22,000 |
98,000 |
168,000 |
250,000 |
320,000 |
355,000 |
343,000 |
352,000 |
402,000 |
504,000 |
|
Amount: |
|||||||||||
|
Moss Peat |
Bales |
57,371 |
156,954 |
135,000 |
216,871 |
247,679 |
281,454 |
264,518 |
294,718 |
339,720 |
391,790 |
|
Sod and Milled |
|||||||||||
|
Peat and Briquettes |
Tons |
— |
— |
30,967 |
31,223 |
33,345 |
33,430 |
32,121 |
24,269 |
24,497 |
28,353 |
|
Bord Fáilte Eireann: |
|||||||||||
|
(a) Share capital |
£ |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
|
(b) Loan capital |
£ |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
|
(c) Profit or loss |
£ |
Not applicable because the Board is not a trading concern |
|||||||||
|
(d) Total wages paid |
£ |
14,947 |
101,231 |
127,248 |
142,325 |
157,429 |
190,888 |
246,561 |
296,333 |
341,515 |
443,005 |
|
(e) Number of employees |
Not available |
141 |
149 |
145 |
161 |
202 |
246 |
266 |
283 |
344 |
|
|
(f) Amount and value of exports |
£ |
Not applicable because the Board is not a trading concern |
|||||||||
|
British & Irish Steampacket Co. Ltd.: |
|||||||||||
|
(a) Share capital |
£ |
— |
— |
— |
— |
— |
— |
1,600,000 |
1,600,000 |
1,600,000 |
Not yet available |
|
(b) Loan capital |
£ |
— |
— |
— |
— |
— |
— |
Nil |
Nil |
Nil |
do. |
|
(c) Profit or loss |
£ |
— |
— |
— |
— |
— |
— |
– 88,154 |
+ 86,200 |
– 406,440 |
do. |
|
(d) Total wages paid |
£ |
— |
— |
— |
— |
— |
— |
1,722,000 |
1,882,000 |
1,910,000 |
do. |
|
(e) Number of employees (xiii) |
— |
— |
— |
— |
— |
— |
1,211 |
1,164 |
1,014 |
do. |
|
|
(f) Amount and value of exports (xiv) |
£ |
— |
— |
— |
— |
— |
— |
1,703,000 |
1,846,000 |
1,668,000 |
do. |
|
Irish Shipping Ltd.: |
|||||||||||
|
(a) Share capital |
£ |
200,000 |
5,000,000 |
8,578,729 |
9,281,729 |
11,172,479 |
11,427,479 |
11,427,479 |
11,427,479 |
11,427,479 |
11,427,479 |
|
(b) Loan capital |
£ |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
|
(c) Profit or loss (xv) |
£ |
+ 315,550 |
+ 352,418 |
– 514,879 |
– 408,673 |
– 838,365 |
– 556,721 |
– 274,842 |
+ 58,404 |
– 67,471 |
+ 20,345 |
|
(d) Total wages paid |
£ |
Not available |
Not available |
635,900 |
689,700 |
809,300 |
890,200 |
902,800 |
956,200 |
996,700 |
952,500 |
|
(e) Number of employees |
415 |
750 |
798 |
807 |
915 |
923 |
888 |
745 |
721 |
714 |
|
|
(f) Amount and value of exports (xvi) |
£ |
875,639 |
– 785,000 |
382,500 |
– 273,400 |
1,154,106 |
1,583,174 |
2,033,416 |
1,644,351 |
1,965,363 |
Not yet available |
NOTES
The figures shown in the above schedule relate to financial years ended 31st March in the years shown. Certain companies have different accounting ye ars and the exceptions arising are as follows:—
CIE Data for 1951 is in respect of the 10 months ended 31st March, 1951, as the present CIE commenced operations on 1st June, 1950.
B. & I. Figures are for years ended 31st December.
Irish Shipping Ltd.:
1951 Figures are for year ended 30th June.
1958
Figures are for year ended 30th April.
1961
Figures shown for "Amount and value of exports" relate to calendar years.
(i) and (ii) Until the Air Companies Act, 1966, came into operation Aer Rianta was the holding company for Aer Lingus and Aer Linte. This is reflecte in the capital position of Aer Rianta.
(iii) These figures represent the surplus surrendered to the Department of Transport and Power.
(iv) Operating profit or loss.
(v) Includes super annuation.
(vi) Revenue from tickets sold abroad.
(vii) Subscribed by CIE
(viii) (a) The loan capital existing at 31st March, 1951, and 31st March, 1958, included the 3% Transport Stock, 1955/60, total £9,889, 000 for which liability in respect of principal and interest was transferred to the Minister for Finance under the terms of the Transport Act, 1958.
(b) The advances of £2,462,000 which had been received from the Exchequer to 31st March, 1951, in respect of capital expenditure under Transport and Marine Services Supplementary Vote of Dáil Éireann, 30th November, 1949, were subsequently made non-repayable by virtue of Section 6 of the Transport Act, 1955.
(c) The Board was subsequently released under the terms of the Transport Act, 1958, from its liability to repay the State Advance of £ 1,803,000 for capital expenditure which existed at 31st March, 1958.
(ix) Wages include salaries, sickness benefit and workman's compensation.
(x) Surplus/Deficit after charging loan flotation expenses but before charging income tax or appropriations to reserve.
(xi) Before charging interest on loan capital.
(xii) At Peak.
(xiii) Excluding casual dockers.
(xiv) This represents the net external earnings and is an estimated figure.
(xv) After depreciation. For the years 1951 and 1958 the figures shown as profits are net figures prior to any charge for depreciation. In those yea rs, on account of good trading results, Tonnage Replacement Reserves were created at a rate in excess of normal depreciation. The amounts transferred to Tonnage Replacement were — 1951, £28 3,734 and 1958, £200,000.
(xvi) This represents the net external earnings.