Dáil Éireann debate -
Wednesday, 27 Mar 2002

Vol. 551 No. 3

Written Answers. - Exchequer Income and Expenditure.

Róisín Shortall

Question:

149 Ms Shortall asked the Minister for Finance the total tax and other income received by the Exchequer from all sources for each of the past ten years and broken down by source for each of the years; the total expenditure by the State during this time, broken down by capital and current expenditures for each of the years; the provisional or estimated figures for years for which figures have to be fully compiled; and if he will make a statement on the matter. [10627/02]

Minister for Finance (Mr. McCreevy):

The following table gives details of Exchequer income for the past ten years together with capital and current expenditure for the same period:

Exchequer Account 1992 to 2001	1992€m	1993€m	1994€m	1995€m	1996€m	1997€m	1998€m	1999€m	2000€m	2001€m
Current AccountTax Revenue	11,314	12,322	13,758	14,392	15,897	18,124	20,480	23,565	27,072	27,925
Non-tax Revenue: Central Bank–Surplus Income	167	231	161	139	224	131	125	193	213	451
National Lottery Surplus	112	112	116	107	113	125	143	140	162	173
Interest on Loans andDividends	184	164	141	107	87	107	97	107	51	72
Other current receipts	108	46	49	69	127	76	104	112	107	116
Total Current Receipts	11,885	12,875	14,225	14,814	16,449	18,563	20,950	24,117	27,606	28,738
Total Current Expenditure	12,451	13,356	14,206	15,273	16,166	17,795	18,301	19,750	20,634	24,012
Current Budget Balance	566	481	19	459	283	767	2,649	4,367	6,971	4,726
Capital Account
Capital Resources: EU Receipts	357	482	227	457	394	468	504	540	378	554
FEOGA receipts	102	165	255	89	0	63	272	31	107	67
Sinking Fund	234	248	262	284	309	338	374	418	480	478
Other capital receipts (1)	116	283	119	415	200	90	83	4,747	1,768	846
Total Capital Receipts	809	1,178	863	1,244	903	960	1,233	5,736	2,733	1,944
Total Capital Expenditure	1,158	1,577	1,736	1,581	1,740	2,025	2,934	8,591	6,527	6,020
Capital Account Balance	349	399	873	337	837	1,065	1,701	2,855	3,794	4,076
Exchequer Balance	915	880	854	796	554	298	948	1,512	3,177	650

1. Includes receipts of €42m in 1992 and €89m in 1993 from the sale of Greencore; €133m in 1993 and €126m in 1995 from the sale of Irish Life, €42m in 1996, €4,669m in 1999 and €1,487m in 2000 from the sale of Telecom Éireann; €322m in 2001 from the sale of ICC bank and €408m in 2001 from the sale of the TSB bank. The 2000 figure also includes €127m which was the repayment of a loan of that amount made to the Insurance Compensation Fund in 1985.

2. The figures for the years 1999-2000 are as published in the Finance Accounts for those years. The 2001 figures are obtained from the 2001 Exchequer Statement published January 2002.

Róisín Shortall

Question:

150 Ms Shortall asked the Minister for Finance the surplus or deficit in the public finances for each of the past ten years with provisional figures for years for which figures have yet to be compiled; and if he will make a statement on the matter. [10628/02]

Minister for Finance (Mr. McCreevy):

The Exchequer balance for each of the past ten years is shown in the following table:

Year	Exchequer Balance (1)€m
1992	(915)
1993	(880)
1994	(854)
1995	(796)
1996	(554)
1997	(298)
1998	948
1999	1,512
2000	3,177
2001	650

1. The figures include receipts of €42 million in 1992 and €89 million in 1993 from the sale of Greencore; €133 million in 1993 and €126 million in 1995 from the sale of Irish Life; €42 million in 1996, €4.669 billion in 1999 and €1.487 billion in 2000 from the sale of Telecom Éireann; €322 million in 2001 from the sale of ICC bank and €408 million in 2001 from the sale of TSB bank. The 2000 figure also includes €127 million which was the repayment of a loan of that amount made to the Insurance Corporation Fund in 1985.

2. The figures for the years 1992-2000 are as published in the Finance Accounts for those years. The 2001 figure is from the 2001 Exchequer Statement published in January 2002.

3. ( ) indicates deficit.