asked the Minister for Finance if he will state for each of the past five years respectively the surplus and/or deficit of each of the companies in which the State holds a majority shareholding, and the amounts outstanding from each such company by way of repayable capital advances.
Ceisteanna—Questions. Oral Answers. - Surpluses and Deficits of State Companies.
7.
The information requested by the Deputy is in the form of a tabular statement which, with the permission of the Ceann Comhairle, I propose to circulate with the Official Report.
I. PROFITS (+) AND LOSSES (-) over the past five years of companies in which the State has a majority shareholding
|
Year ended |
£ |
|
|
Aer Rianta Teo. |
31/3/61 |
+ 91,375 |
|
31/3/60 |
+ 46,462 |
|
|
31/3/59 |
+ 51,186 |
|
|
31/3/58 |
+ 33,503 |
|
|
31/3/57 |
+ 15,677 |
|
|
Agricultural Credit Co. Ltd. |
30/4/61 |
+ 24,395 |
|
30/4/60 |
+ 32,043 |
|
|
30/4/59 |
+ 34,846 |
|
|
30/4/58 |
+ 35,193 |
|
|
30/4/57 |
+ 29,834 |
|
|
Arramara Teo. |
30/9/60 |
+ 4,274 |
|
30/9/59 |
+ 2,039 |
|
|
30/9/58 |
+ 2,337 |
|
|
30/9/57 |
+ 2,130 |
|
|
30/9/56 |
+ 1,514 |
|
|
Ceimicí Teo. |
30/9/60 |
- 45,492 |
|
30/9/59 |
+ 153,318 |
|
|
30/9/58 |
+ 52,387 |
|
|
30/9/57 |
+ 9,302 |
|
|
30/9/56 |
+ 38,375 |
|
|
Comhlucht Siúicre Éireann Teo. (See note (c)) |
30/4/61 |
+ 285,917 |
|
30/4/60 |
+ 396,318 |
|
|
30/4/59 |
+ 127,237 |
|
|
30/4/58 |
+ 72,320 |
|
|
30/4/57 |
+ 181,574 |
|
|
Dairy Disposal Co. Ltd. |
31/12/60 |
+ 89,140 |
|
31/12/59 |
+ 54,202 |
|
|
31/12/58 |
+ 54,403 |
|
|
31/12/57 |
+ 47,210 |
|
|
31/12/56 |
+ 41,546 |
|
|
Comhlucht Groighe Náisiúnta na hÉireann, Teo. |
31/12/60 |
+ 4,262 |
|
31/12/59 |
+ 7,717 |
|
|
31/12/58 |
+ 3,393 |
|
|
31/12/57 |
+ 82 |
|
|
31/12/56 |
+ 502 |
|
|
Irish Steel Holdings Ltd. |
30/6/60 |
+ 87,323 |
|
30/6/59 |
+ 79,776 |
|
|
30/6/58 |
+ 71,720 |
|
|
30/6/57 |
+ 54,740 |
|
|
30/6/56 |
+ 73,530 |
|
|
Industrial Credit Co. Ltd. |
31/10/60 |
+ 200,850 |
|
31/10/59 |
+ 98,514 |
|
|
31/10/58 |
+ 79,164 |
|
|
31/10/57 |
+ 81,703 |
|
|
31/10/56 |
+ 78,906 |
|
|
Irish Shipping Ltd. |
30/4/61 |
- 514,879 |
|
30/4/60 |
- 596,272 |
|
|
30/4/59 |
- 553,327 |
|
|
30/4/58 |
- 148,610 |
|
|
30/4/57 |
+ 783,810 |
|
|
Irish Life Assurance Co. Ltd. (See note (d)). |
31/12/59 |
+ 405,000 |
|
31/12/57 |
+ 99,500 |
|
|
31/12/55 |
+ 74,250 |
|
|
Shannon Free Airport Development Co. Ltd. (set up on 28/1/59) |
31/3/61 |
- 214,661 |
|
28/1/59to |
||
|
31/3/60 |
- 113,756 |
Notes
(a) Allowance is made for depreciation in all cases.
(b) Except in the case of Comhlucht Siúicre Éireann Teo., the figures are as calculated before taxation.
(c) The figures here are net after providing for taxation and, in 1958-59, 1957-58 and 1956-57, for reserves.
(d) Surpluses are based on the results of biennial valuations.
II. Repayable Advances from the State, in respect of capital purposes, outstanding from the above companies over the past five years
|
Year ended |
£ |
|
|
Agricultural Credit Co. Ltd. |
30/4/61 |
1,551,000 |
|
30/4/60 |
1,425,000 |
|
|
30/4/59 |
1,425,000 |
|
|
30/4/58 |
1,425,000 |
|
|
30/4/57 |
1,225,000 |
|
|
Dairy Disposal Co. Ltd. |
31/12/60 |
584,603 |
|
31/12/59 |
584,603 |
|
|
31/12/58 |
584,603 |
|
|
31/12/57 |
584,603 |
|
|
31/12/56 |
584,603 |
|
|
Industrial Credit Co. Ltd. |
31/10/60Only |
500,000 |