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Dáil Éireann díospóireacht -
Tuesday, 18 Apr 1950

Vol. 120 No. 4

Ceisteanna—Questions. Oral Answers. - Electricity Supply Board's Finances.

asked the Minister for Finance if he will state (1) the amounts paid by the Electricity Supply Board during each of the financial years from the year ending 31st March, 1931, to the year ending 31st March, 1950, inclusive, in interest, in respect of advances made (a) under the Electricity Supply Acts, (b) under the Shannon Fisheries Acts, and (c) by way of bank overdraft; (2) the total amount of the capital or other receipts in the form of advances or loans received by the Electricity Supply Board during these years, and (3) the total amount of the redemptions paid by the Electricity Supply Board during these years.

As the reply to the Deputy's question contains a tabular statement, I propose, with the permission of the Ceann Comhairle, to include it in the Official Report.

Following is the reply:—

1) Interest payments by the Electricity Supply Board during each of the financial years 1930/31 to 1949/50, inclusive, in respect of advances made (a) under the Electricity Supply Acts, (b) under the Shannon Fisheries Acts, and (c) by way of bank overdraft:

Year ended 31 March

(a) Electricity Supply Acts

(b) Shannon Fisheries Acts

(c) Bank Overdraft

£

£

£

1931

105,230

Nil.

1932

739,578

1933

479,667

1934

510,273

1935

473,361

1936

505,745

1937

524,888

1938

545,428

1939

579,374

1,512

1940

613,798

4,003

1941

641,186

5,608

1942

653,369

7,500

1943

660,958

8,996

1944

658,304

8,874

1945

654,580

8,826

1946

650,568

8,774

1947

646,277

8,716

1948

661,707

8,655

1949

739,230

8,591

1950

849,506

8,524

(2) The total amount of the capital or other receipts of the Electricity Supply Board in the form of advances or loans during the years 1930/31 to 1949/50, inclusive, was

£

22,680,939

(3) Redemptions effected by the Electricity Supply Board during these years amounted to

963,840

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