asked the Minister for Finance the value at cost and the estimated market value of the Exchequer's shareholding, both direct and indirect, through the IDA, Fóir Teoranta, ICC, ACC and all other bodies, in private and public firms excluding State-sponsored bodies.
Written Answers. - Exchequer's Shareholding.
89.
The value at cost of the Exchequer's direct shareholding in private and public firms excluding state-sponsored bodies is as follows:
|
£ |
|
|
Chipboard Products |
534,000 |
|
Bula Ltd. |
9,540,000 |
|
National Theatre Society Ltd. |
250 |
|
Irish Refining Co. |
1 |
In addition, the Exchequer has shares, acquired free of cost, in certain companies. The companies and the nominal value of the Exchequer's shareholding in them are as follows:
|
£ |
|
|
Aran Energy Ltd. |
237,243 |
|
Atlantic Resources Ltd. |
97,369 |
|
Bula Resources Ltd. |
1,210,863 |
|
Ennex International plc. |
160,415 |
|
Tuskar Resources Ltd. |
72,970 |
|
Tuskar International Oil |
62,000 |
|
Tara Mines Ltd. |
333,334 |
|
Bula Ltd. |
250,000 |
|
Conroy Petroleum and Natural Resources Ltd. |
45,443 |
|
Dublin Gas Co. |
12,589,462 |
The value at cost of shareholdings held by State-sponsored bodies in private and public firms excluding State-sponsored bodies is as follows:
|
£ |
|
|
Agricultural Credit Corporation |
565,100 |
|
Industrial Credit Corporation |
4,235,000 |
|
Fóir Teoranta |
12,610,300 |
|
Siúicre Éireann |
4,000,000 |
|
Bord Iascaigh Mhara |
150,000 |
|
Údarás na Gaeltachta |
12,912,403 |
|
Córas Tráchtála |
3,660 |
|
Industrial Development Authority |
9,815,994 |
|
National Development Corporation |
2,147,349 |
|
B & I |
85,000 |
|
Aer Lingus/Aerlinte |
41,191,000 |
|
Bord Gáis Éireann, |
323,000 |
The market value of the majority of the above shares is indeterminate as they either (a) have never been traded, (b) have not been traded recently or (c) are in private firms in which there is no established market for shares.
The market value of Exchequer or State-sponsored bodies' shareholdings, where it can be determined, is as follows:
|
£ |
|
|
Agricultural Credit Corporation |
42,000 |
|
Industrial Credit Corporation |
2,086,000 |
|
Fóir Teoranta |
341,400 |
|
Aran Energy Ltd |
308,416 |
|
Atlantic Resources Ltd |
340,790 |
|
Bula Resources Ltd |
88,147 |
|
Tuskar Resources Ltd |
145,941 |
|
Conroy Petroleum and Natural Resources Ltd |
527,139 |