Dáil Éireann Debate, Tuesday - 8 December 2009
293 Deputy Noel O’Flynn asked the Minister for Arts, Sport and Tourism the sanctioned overdraft and borrowing facility and indebtedness for each agency and semi-State body, commercial and non-commercial, for the years 2005, 2006, 2007 and 2008 in tabular form; the amount and number of occasions that the sanctioned approved facility was breached for individuals, companies and group structures; and if he will make a statement on the matter. [45852/09]
View answerIn respect of each of the associated bodies of the Department which has or had sanctioned overdraft, borrowing or other debt facilities in the period 2005 to 2008, inclusive, the requested information is as set out in tabular form below. No such facilities exist or existed in respect of the other associated bodies of the Department.
|
Item |
Year 2005 |
Year 2006 |
Year 2007 |
Year 2008 |
|
Bord na gCon1 |
||||
|
Overdraft, Borrowing or Other Debt Facility |
€12,500,000 |
€12,500,000 |
€12,500,000 |
€12,500,000 |
|
Number of Breaches |
0 |
0 |
0 |
0 |
|
Amount of Breach |
N/A |
N/A |
N/A |
N/A |
|
Fáilte Ireland2 |
||||
|
Overdraft, Borrowing or Other Debt Facility |
€0 |
€652 |
€625,140 |
€485,808 |
|
Number of Breaches |
0 |
0 |
0 |
0 |
|
Amount of Breach |
N/A |
N/A |
N/A |
N/A |
|
Horse Racing Ireland3 |
||||
|
Overdraft, Borrowing or Other Debt Facility |
€40,000,000 |
€40,000,000 |
€40,000,000 |
€40,000,000 |
|
Number of Breaches |
0 |
0 |
0 |
0 |
|
Amount of Breach |
N/A |
N/A |
N/A |
N/A |
|
Irish Museum of Modern Art (IMMA)4 |
||||
|
Overdraft, Borrowing or Other Debt Facility |
€20,000 |
€20,000 |
€20,000 |
€20,000 |
|
Number of Breaches |
0 |
0 |
0 |
0 |
|
Amount of Breach |
N/A |
N/A |
N/A |
N/A |
1 The figures provided in respect of Bord na gCon relate to a borrowings limit.
2 Fáilte Ireland does not have sanctioned overdraft, borrowing or other debt facilities. The figures provided relate both to the five Regional Tourism Authorities which merged with Fáilte Ireland on 1 July 2006 and to Dublin Tourism which became a wholly-owned subsidiary of Fáilte Ireland in April 2007. The 2006 figure relates to a payment made to pay off loans and overdrafts. The 2007 and 2008 figures relate to mortgages on property purchased by Dublin Tourism which Fáilte Ireland proposes to pay off by the end of 2009.
3 The figures provided in respect of Horse Racing Ireland relate to a borrowings limit.
4 The figures provided in respect of IMMA relate to a sanctioned overdraft facility which is in place but has never been availed of.
