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Dáil Éireann debate -
Thursday, 20 Feb 1986

Vol. 363 No. 15

Written Answers. - Exchange Revenue.

40.

asked the Minister for Finance if he will itemise in detail for 1985 and 1986 non-tax revenue under the headings "Interest and Dividends on Exchequer Advances" and "Miscellaneous" in the 1986 White Paper "Estimates of Receipts and Expenditure"; and if he will, in particular, itemise payments to the Exchequer by all State bodies including Bord Telecom.

The following statement contains the information requested by the Deputy:

(1) Interest and Dividends on Exchequer Advances

1985

1986 Estimate

£million

£million

Interest on Advances from Central Fund:

Under Electricity Supply Acts:

From Electricity Supply Board

1.680

1.596

From Vote for Energy

1.371

1.297

Under European Communities Acts, 1972 to 1979

0.486

0.500

Local Loans Fund

320.940

326.000

Bord Telecom

83.996

75.000

Industrial Credit Co. Ltd.

3.962

2.886

Shannon Free Airport Development Co. Ltd.

1.394

2.428

Radio Telefís Éireann

2.215

1.198

Agricultural Credit Corporation Ltd.

0.785

0.294

National Building Agency Ltd.

0.558

0.581

Bord na Móna

3.044

2.812

Aerlínte Éireann Teo.

0.362

0.362

Córas Iompair Éireann

4.666

4.720

Nítrigin Éireann Teo.

0.096

0.090

Bord Iascaigh Mhara

2.258

2.836

Insurance Compensation Fund*

1.800

Total Interest on Advances from Central Fund

427.813

424.400

Dividends on Shares held for the Benefit of the Minister for Finance

1.405

1.600

Total Interest and Dividends on Exchequer Advances

429.218

426.000

*Interest due on moneys advanced by the Central Bank, through the medium of the fund, to the administrator of the Insurance Corporation of Ireland. An equivalent amount of interest is paid by the Exchequer to the Central Bank.

(2) Miscellaneous

1985

1986 Estimate

£million

£million

Accrued interest contained in the issue prices of Government stock

29.444

23.000

EC Budget Refund

12.675

Bank interest credited to Exchequer

13.789

4.500

Royalties received from Marathon Petroleum Ireland Limited

6,735

4.000

Passport and Consular Fees

3.590

4.430

Sale of Hyster Shares

3.000

Sale of Cement Roadstone Shares

4.499

Sale of shares in Toho Ireland

0.725

ACC — Exchange Risk Guarantee Premium Payment

2.233

2.000

ICC — Exchange Risk Guarantee Premium Payment

1.117

1.000

Land Annuities

2.179

2.000

Payment by Gulf/Chevron in compensation for removal of oil stocks from Whiddy Oil Terminal

1.956

Repayment of FEOGA advances by Electricity Supply Board

0.656

0.715

Proceeds from sale of Munster Institute

1.491

Proceeds from dissolution of Church Temporalities Fund

3.281

Payment by Gulf/Chevron in respect of Whiddy Oil Terminal (non-tax element)

18.100

Miscellaneous receipts from Government Departments

3.209

3.255

Other miscellaneous

1.062

1.000

91.641

64.000

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