Dáil Éireann Debate, Tuesday - 21 May 2024
271. Deputy Louise O'Reilly asked the Minister for Enterprise, Trade and Employment the own-resource income generated by Enterprise Ireland and IDA Ireland in 2023; the amount each was sanctioned to retain; and the amount that was remitted to the Exchequer as an extra Exchequer receipt, by agency, in tabular form. [22920/24]
View answerAgencies under the aegis of my Department, including Enterprise Ireland (EI) and IDA Ireland (IDA), can generate own resource income (ORI) and also receive sanction to retain an agreed amount. In 2023, figures for the ORI generated, sanctioned for retention, and amounts due to be remitted to Exchequer for both EI and IDA, are outlined in the tables below. Figures for generation of ORI and remittance are in draft form and will be verified after upcoming audit.
|
2023 |
The amount of own resource income generated by EI in 2023 |
The amount EI was sanctioned to retain |
The amount that was remitted to the Exchequer as an extra Exchequer receipt |
|
2023 |
The amount of own resource income generated by EI in 2023 |
The amount EI was sanctioned to retain |
The amount that was remitted to the Exchequer as an extra Exchequer receipt |
|
Enterprise Ireland |
€83.818m |
€96.881m* |
€0.358m due to be remitted to Exchequer |
|
2023 |
The amount of own resource income generated by IDA in 2023 |
The amount IDA was sanctioned to retain |
The amount that was remitted to the Exchequer as an extra Exchequer receipt |
|
2023 |
The amount of own resource income generated by IDA in 2023 |
The amount IDA was sanctioned to retain |
The amount that was remitted to the Exchequer as an extra Exchequer receipt |
|
IDA |
€25.116m |
€60.922m** |
No remittance due for 2023. |
*Sanctioned ORI amount of €96.881m for Enterprise Ireland includes €13.421m of 2022 year-end closing balances.
**ORI amount of €60.922m for IDA Ireland includes €0.422m at bank at year-end 2022.
