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Dáil Éireann debate -
Thursday, 25 Nov 1976

Vol. 294 No. 6

Written Answers. - Agricultural Credit Corporation.

66.

asked the Minister for Finance if he will state the (a) capital employed (b) profit or loss (c) total payroll (d) number of employees and (e) value of exports in respect of the Agricultural Credit Corporation for the period ended 31st December, 1975, and in respect of the Irish Sugar Company for the year ended 30th April, 1976.

In the case of Comhlucht Siúicre Éireann Teoranta, the accounting year has been changed to end on 30th September each year as from 1976. Accordingly, the information sought by the Deputy in relation to the year ended 30th April, 1976 will not be available. The first accounts for the changed financial period will relate to the 17-month period from May, 1975 to September, 1976. The report and accounts covering the period will not be ready for some months yet but in accordance with normal practice will be laid on the table of the House in due course.

As regards the Agricultural Credit Corporation Limited, the following is the information requested:—

For period May—December 1975

(a)

(b)

(c)

(d)

(e)

Number of Employees

Capital Employed

Profit or (Loss)

Total Payroll

Fulltime

Parttime (at peak)

Value of Exports

£000

£000

£000

138,836

(3,796)

798

362

25

cannot be quantified¹

1Loans made by ACC may result in production of goods for export but ACC do not themselves produce goods for export.

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