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Dáil Éireann debate -
Wednesday, 7 Feb 1996

Vol. 461 No. 2

Written Answers. - Semi-State Companies.

Joe Walsh

Question:

35 Mr. J. Walsh asked the Minister for Finance the approximate individual and cumulative net value of all semi-State companies. [2594/96]

I take it that the Deputy's interest concerns the main commercial State bodies. The latest official information regarding the net worth of commercial State bodies is that published in table 7 of the Public Capital Programme, 1995. That table covers 18 bodies and gives their cumulative net worth as £2,839 million. The net worth for each of the companies concerned and two others besides is contained in the following.

Net Worth of Commercial State Bodies¹

State Body

Net Worth

£'000

Irish National Petroleum Corporation

22,696

Irish Steel

7,526

Aer Lingus

114,850

ICC Bank

67,389

Bord Telecom

481,429

An Post

35,459

RTE

63,694

ESB

883,505

Bord na Móna

–64,649

CIE

124,536

Aer Rianta

97,186

Bord Gáis Éireann

167,458

ACC Bank

44,384

Coillte

778,877

Racing Board

8,082

National Stud

3,804

Arramara Teo

563

Bord na gCon

3,149

Sub-total

2,839,938

£000

NET

–80,136

VHI

57,448

¹ The first 18 companies listed above are those covered in Table 7 of the Public Capital Programme 1995.
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