Dáil Éireann Debate, Thursday - 12 July 2012
97 Deputy Kevin Humphreys asked the Minister for Jobs, Enterprise and Innovation the amount Enterprise Ireland has lost on investments since the year 2000 on an annual basis for companies that have gone into liquidation or receivership; and if he will make a statement on the matter. [34117/12]
View answerBetween 2000 and the end of 2011, Enterprise Ireland incurred losses of €35,548,000 on its investments in companies that have gone into liquidation or receivership. In the same period, Enterprise Ireland earned €329,234,000 from the proceeds of sales of companies in which it had invested. Details for each year are set out in the table:
|
Year of Loss |
Amount lost €’000 |
No. of Companies |
Sales Proceeds €’000 |
|
2000 |
0 |
— |
100,801 |
|
2001 |
0 |
— |
49,552 |
|
2002 |
2,471 |
13 |
12,025 |
|
2003 |
0 |
— |
11,642 |
|
2004 |
4,342 |
23 |
13,143 |
|
2005 |
3,684 |
17 |
32,874 |
|
2006 |
4,703 |
11 |
19,886 |
|
2007 |
4,436 |
14 |
18,974 |
|
2008 |
2,134 |
12 |
14,531 |
|
2009 |
5,363 |
23 |
9,105 |
|
2010 |
3,529 |
13 |
14,685 |
|
2011 |
4,886 |
17 |
32,016 |
|
Total |
35,548 |
143 |
329,234 |
