Dáil Éireann Debate, Tuesday - 27 September 2022
144. Deputy John McGuinness asked the Minister for Public Expenditure and Reform if he or his Department receive reports from a company (details supplied) on the financial returns to its shareholders; if so, the amount in each of the years 2014 to 2021 and to date in 2022, in tabular form; and if he will make a statement on the matter. [46845/22]
View answerNeither the Minister nor the Department receive specific reports from Premier Lotteries Ireland (“PLI”) on the financial returns to its shareholders. Nor does the Regulator of the National Lottery.
Pursuant to Section 47(2) of the National Lottery Act 2013, the Regulator receives a copy of the annual audited accounts of PLI and, in turn, provides this to the Department for laying before the Houses of the Oireachtas. To date:
- PLI has provided annual accounts in respect of the financial years 2014 to 2021 and these have been provided to the Department.
- PLI’s annual accounts for the years 2014 to 2020 have been laid before the House of the Oireachtas.
These accounts include certain information within the scope of the PQ, being relevant to a definition of financial returns to its shareholders:
- Dividends paid
- Repayment of shareholder loans
The table below sets out the figures for each of the above as extracted from PLI’s annual accounts for the financial years 2014 to 2021.
Premier Lotteries Ireland
Reports and Financial Statements for the financial years 2014 to 2021
Provided to Regulator under S.47(2) of the National Lottery Act 2013 and Cl.15.22/ Sch 7 of the Licence
|
A |
B |
C |
D |
|
|
Financial Year |
Laid before Houses of the Oireachtas |
Dividends Paid |
Repayment of Shareholder loans |
Reference to Accounts |
|
2014* |
Yes |
Nil |
Nil |
Directors' report, Note 16, Note 23 |
|
2015 |
Yes |
Nil |
Nil |
Directors' report, Note 16, Note 23 |
|
2016 |
Yes |
Nil |
Nil |
Directors' report, Note 16, Note 23 |
|
2017 |
Yes |
Nil |
Nil |
Directors' report, Note 17, Note 24 |
|
2018 |
Yes |
Nil |
Nil |
Directors' report, Note 17, Note 24 |
|
2019 |
Yes |
Nil |
Nil |
Directors' report, Note 19, Note 26 |
|
2020 |
Yes |
Nil |
20.0 |
Directors' report, Note 19, Note 25 |
|
2021 |
Pending |
Nil |
52.5 |
Directors' report, Note 19, Note 25 |
*For the period from 22 May 2013 (date of incorporation) to 31 December 2014
