asked the Minister for Communications the total subsidy paid by the Exchequer to the Londonderry and Lough Swilly Railway Company in each of the last ten years; if he has sought any representation on the board of this private company in return for the subsidy; and if he will make a statement on the matter.
Written Answers. - Londonderry and Lough Swilly Railway Company.
102.
The Londonderry and Lough Swilly Railway Company does not enjoy a direct Exchequer subsidy but receives payment from CIE to assist the provision of services in the Donegal area. The amount of financial assistance given to the company in respect of the years 1976 to 1985 is set out as follows:
|
1976 |
1977 |
1978 |
1979 |
1980 |
1981 |
1982 |
1983 |
1984 |
1985 |
Total |
|
|
IR£'000 |
|||||||||||
|
Assistance |
|||||||||||
|
Financial Assistance |
— |
— |
— |
18 |
80 |
306 |
309 |
210 |
261 |
100* |
1,284 |
|
Leasing Charges written off buses acquired by CIE for use by the LLSR |
— |
— |
— |
— |
12 |
44 |
80 |
88 |
101 |
106 |
431 |
|
Total Assistance |
— |
— |
— |
18 |
92 |
350 |
389 |
298 |
362 |
206 |
1,715 |
*A final figure for 1985 is not yet available but the amount involved is expected to approximate to that for 1984.
The financial performance and the company's activities are closely monitored by CIE and my Department. Payments are made to the company on the basis of services rendered. Representation on the board of the LLSR has not been sought.