Robert Troy
Question:509. Deputy Robert Troy asked the Minister for Transport, Tourism and Sport the extent of Iarnród Éireann's financial losses in 2017; and the accumulated deficit of this company. [47136/18]
View answerTuesday, 13 November 2018
Questions (509)
Written answers
The information sought by the Deputy is contained in the Financial Statements of Iarnród Éireann which are published annually. According to the company's most recently published financial statements, the company incurred a deficit of €1.1 million in 2017, which was lower than the deficit of €2.9 million that was incurred in the previous year. The continued recovery of our national economy has resulted in increased passenger journeys and consequent growth in passenger revenue for Irish Rail. The company’s accumulated deficit as at 31 December 2017 was €154.2 million.