asked the Minister for Industry, Trade, Commerce and Tourism if he will give the following data in respect of each one of the commercial semi-State companies under the aegis of his Department:— (a) the total debt of the company, foreign and domestic; (b) the total of their debt which is not specifically guaranteed by means of Acts of the Oireachtas; (c) the borrowing covered by letters of comfort or other non-statutory forms of assurance; and if he will supply corresponding data for the same date five years previously.
Written Answers. - Commercial Semi-State Companies.
661.
In so far as the commercial semi-State companies for which my Department are responsible are concerned, the information requested by the Deputy is set out in the following table:
Ceimicí Teo. |
Nítrigín Éireann Teo. |
Irish Steel Ltd. |
||||
30 Nov. 1984 |
30 Nov. 1979 |
30 Nov. 1984 |
30 Nov. 1979 |
30 Nov. 1984 |
30 Nov. 1979 |
|
£m |
£m |
£m |
£m |
£m |
£m |
|
(a) Domestic Borrowing |
1.45 |
0.508 |
102.1 |
56.6 |
15.1 |
2.1 |
Foreign Borrowing |
Nil |
Nil |
81.1 |
91.4 |
41.9 |
9.6 |
Total |
1.45 |
0.508 |
183.2 |
148.0 |
57.0 |
11.7 |
(b) |
1.45 |
0.508 |
11.7* |
51.0 |
0.3 |
0.5 |
(c) |
Nil |
Nil |
4.4† |
26.1 |
Nil |
Nil |
* The figures at (b) include borrowing at (c)
† As and from 18 December 1984 NET's borrowings covered by letters of comfort will be reduced to £287,000.