asked the Minister for Industry and Commerce (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 trading 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.
As the information requested by the Deputy is in the form of tabular statements, I propose with your permission, a Cheann Comhairle, to have the statements circulated with the Official Report.
Following are the statements:
Nítrigin Éireann Teoranta (which was incorporated on 3rd October, 1961 and which commenced to trade on 3rd May, 1965).
Year ended |
Share Capital |
Loan Capital |
Net Profit before Taxation |
Total Wages and Salaries Paid |
Number of employees |
Value of Exports |
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
|
£ |
£ |
£ |
£ |
£ |
||
30/6/67 |
97 |
6,000,000 |
108,634 |
548,000 |
564 |
38,000 |
30/6/68 |
97 |
6,000,000 |
329,372 |
664,000 |
590 |
— |
NOTES:
(a) The figures under this heading represent the issued share capital of the company at 30th June each year.
(b) The figures under this heading exclude commercial loans and bank overdraft accommodation. This figure represents the sum advanced from the Exchequer to the company as repayable advances in accordance with the Nítrigin Éireann Teoranta Act, 1963.
(c) The figures under this heading represent net profit after providing for depreciation, directors' emoluments and auditor's fee and before providing for the payment of interest on the advances from the Exchequer.
Ceimicí Teoranta
Year ended |
Share Capital |
Loan Capital |
Net Profit before Taxation |
Total Wages and Salaries |
Number of employees |
Value of Exports |
|
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
||
£ |
£ |
£ |
£ |
£ |
|||
Permanent |
Seasonal |
||||||
30/9/67 |
495,767 |
nil |
126,909 |
100,538 |
112 |
32 |
32,507 |
30/9/68 |
495,767 |
nil |
87,629 |
124,772 |
125 |
40 |
34,361 |
NOTES:
(a) The figures under this heading represent the issued share capital of the Company at the 30th September each year.
(c) The figures under this heading represent net profit after providing for depreciation and directors' emoluments and auditor's fee.
Irish Steel Holding Ltd.
Year ended 30th June |
Share Capital (Issued) |
Loan Capital |
Net Profit before Taxation |
Total Wages and Salaries Paid |
Number of employees |
Value of Exports |
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
|
£ |
£ |
£ |
£ |
£ |
||
1968 |
5,785,000 |
Nil |
433,221 |
825,561 |
775 |
552,000 |
1969 |
5,785,000 |
Nil |
524,940 |
998,263 |
832 |
656,000 |
(b) The figures under this heading exclude commercial loans and bank overdraft accommodation.
(c) The figures under this heading represent profit after providing for depreciation and before providing for taxation.
Min Fhéir (1959) Teo (which was incorporated on 5th May, 1960 and which commenced to trade on 30th April, 1964).
Year ended |
Share Capital |
Loan Capital |
Net Profit before Taxation |
Total Wages and Salaries Paid |
Number of employees |
Value of Exports |
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
|
£ |
£ |
£ |
£ |
£ |
||
31/3/67 |
200,000 |
Nil |
Loss of £12,857 |
9,729 |
28 |
£4,243 |
31/3/68 |
200,000 |
Nil |
Profit of £199 |
10,596 |
26 |
7,560 |