Thursday, 12 July 2012

Questions (263)

Timmy Dooley

Question:

264 Deputy Timmy Dooley asked the Minister for Transport, Tourism and Sport the reason Córas Iompar Éireann requested an extension for the publication of its annual report and accounts for 2011 to 30 September 2012; his reasons for granting this request; and if he will make a statement on the matter. [34043/12]

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Written answers (Question to Minister for Transport, Tourism and Sport)

The CIE Board has in recent months been engaged in an extensive process of cost-reduction negotiations with its unions and is also engaging with financial institutions on its future funding requirements. To facilitate this, the Board requested an extension of the publication of the Annual Report and Accounts for 2011 to 30th September 2012. I consented to the request for an extension as an exceptional measure.