asked the Minister for Tourism and Transport (a) the combined net profit or loss before tax and financing charges (b) the combined net profit or loss before tax (c) the Government subventions and (d) the numbers employed in each of the following commercial semi-State bodies, Aer Lingus, Aer Línte, Aer Rianta, B & I and CIÉ, for each of the years 1980 to 1986 inclusive.
Written Answers - Semi-State Bodies Returns.
81.
The requisite information for the commercial State bodies under the aegis of my Department, for the years 1980-86 inclusive, is set out in the following table:
|
Aer Lingus/Aerlinte |
Aer Rianta |
B&I |
CIE |
||
|
(a) Net Profit (or Loss) before Tax and finance charges (£Million) |
1980 |
(1.73) |
2.02 |
4.44 |
1.32 |
|
1981 |
4.75 |
4.10 |
(2.22) |
(1.74) |
|
|
1982 |
12.91 |
4.72 |
0.38 |
(3.13) |
|
|
1983 |
21.03 |
6.95 |
(2.98) |
(7.94) |
|
|
1984 |
26.56 |
10.65 |
(1.73) |
20.99 |
|
|
1985 |
29.44 |
11.50 |
1.10 |
34.37 |
|
|
1986 |
25.86 |
13.23 |
n.a. |
33.77 |
|
|
(b) Net Profit (or Loss) before Tax (£Million) |
1980 |
(11.68) |
2.02 |
(1.34) |
(4.52) |
|
1981 |
(7.75) |
4.10 |
(8.19) |
(9.90) |
|
|
1982 |
(1.74) |
4.72 |
(7.40) |
(13.42) |
|
|
1983 |
8.52 |
6.95 |
(10.20) |
(20.62) |
|
|
1984 |
14.34 |
10.65 |
(9.20) |
(0.00) |
|
|
1985 |
18.22 |
11.50 |
(6.60) |
6.79 |
|
|
1986 |
19.96 |
13.23 |
n.a. |
4.24 |
|
|
(c) Government Subvention/Equity (£Million) |
1980 |
nil |
nil |
5.50 |
70.00 |
|
1981 |
nil |
nil |
5.60 |
85.00 |
|
|
1982 |
20.00 |
nil |
7.00 |
96.00 |
|
|
1983 |
19.00 |
nil |
6.50 |
86.00 |
|
|
1984 |
3.00 |
nil |
6.00 |
112.00 |
|
|
1985 |
1.00 |
nil |
5.00 |
119.49 |
|
|
1986 |
nil |
nil |
20.00 |
122.14 |
|
|
(d) Employment |
1980 |
6827 |
1958 |
2066 |
17610 |
|
1981 |
6644 |
1924 |
2050 |
17576 |
|
|
1982 |
6378 |
1869 |
1879 |
17344 |
|
|
1983 |
6316 |
1723 |
1747 |
16930 |
|
|
1984 |
6205 |
1703 |
1795 |
16285 |
|
|
1985 |
6089 |
1719 |
1829 |
15628 |
|
|
1986 |
5949 |
1718 |
1464 |
15000 |
Notes
Aer Lingus-Aerlinte
The Aer Lingus-Aerlinte financial years end on 31 March. Accordingly the above data for Aer Lingus-Aerlinte in the years 1980 through 1986 relate to the financial years ending on 31 March of the following years.
The data in section (c) include equity injections of £15 million in the two financial years 1982-83 and 1983-84. The balance of the data in this section refers to cost alleviation payments in respect of services on the North Atlantic.
The data in section (d) relate to employment in the air companies.
Aer Rianta:
The data in sections (a) and (b) refer to the surpluses earned by Aer Rianta which are surrendered to the Minister for Tourism and Transport. The surpluses shown represent the excess of income over expenditure. Aer Rianta is not liable for tax and has not paid interest in the years in question.
B & I Line:
The results in sections (a) and (b) are before taking extraordinary or exceptional items into account.
In section (c) the amounts cited refer to equity payments from the Exchequer to the B & I Line.
CIE
The results in sections (a) and (b) are after subvention and exceptional items. It should also be noted that due to cumulative losses, no tax liability arises in the case of CIE.
n.a. = not available, pending publication of the 1986 annual report and accounts.