asked the Minister for Finance (a) the share capital, (b) the loan capital, (c) the net profit before taxation, (d) the total wages and salaries paid, (e) the number of employees and (f) the value of exports, in respect of each State-sponsored body for which he is responsible for each of the last two years for which the information is available.
Ceisteanna—Questions. Oral Answers. - State-Sponsored Trading Bodies.
35.
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—
|
Trading Body |
Year ended |
Share Capital |
Loan Capital |
Net profit (loss) before tax |
Wages and salaries |
Number of employees |
Value of exports |
|
£ |
£ |
£ |
£ |
£ |
|||
|
Agricultural Credit Corporation Ltd. |
30/4/69 |
6,000,000 |
15,632,456 |
267,582 |
136,309 |
138 |
Does not arise |
|
30/4/68 |
5,598,000 |
14,204,312 |
213,768 |
112,129 |
136 |
||
|
Comhlucht Siúicre Éireann Teo |
30/4/69 |
5,000,000 (a) |
1,900,861 |
1,025,915 |
2,275,614 |
3,396 maximum |
2,184,243 |
|
1,818 minimum |
|||||||
|
30/4/68 |
5,000,000 (a) |
1,900,861 |
792,734 |
1,930,568 |
3,143 maximum |
2,337,981 |
|
|
1,868 minimum |
|||||||
|
Erin Foods Ltd. |
30/4/69 |
477,152 |
7,267,331 |
(261,855) |
775,900 |
1,255 maximum |
2,847,038 |
|
768 minimum |
|||||||
|
30/4/68 |
477,152 |
6,187,179 |
(1,143,346) (b) |
640,745 |
1,051 maximum |
||
|
698 minimum |
1,842,433 |
||||||
|
Industrial Credit Company Ltd. |
31/10/68 |
8,830,000 |
6,847,228 |
351,596 |
62,214 |
43 |
Does not arise |
|
31/10/67 |
8,380,000 |
10,107,351 |
257,604 |
56,895 |
38 |
||
|
Irish Life Assurance Co. Ltd. |
31/12/68 |
200,000 |
Nil |
580,000 (c) |
1,339,291 |
1,061 |
31,448(e) |
|
31/12/67 |
100,000 |
Nil |
525,000 (c) |
1,282,692 |
1,061 |
44,123(e) |
|
|
Taisci Stáit Teoranta |
31/3/69 |
100 |
3,839,456 |
(5,541) |
(d) |
(d) |
Does not arise |
|
31/3/68 |
100 |
1,325,030 |
(4,960) |
Notes (a) Preference shares included.
(b) Including £386,500 development expenditure written off.
(c) The Company does not earn profits in the normal commercial sense. These figures represent surpluses on annual valuations.
(d) Taiscí Stáit Teo. has no employees; the Industrial Credit Co. acts as manager for the Company at a fee of £5,000 per
(e) Represents premium income received from abroad.