asked the Minister for Finance if he will give particulars of the surpluses and deficits of State companies for the two years ended 31st March, 1962 and 1963, respectively in the form of a reply of 30th November, 1961.
Written Answers. - Surpluses and Deficits of State Companies.
34.
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.
COMPANIES in which the State has a majority share-holding. Profits (+) and losses (–) for accounting year, or years, subsequent to those covered by Reply of 30th November, 1961.
|
Year ended(See note (a)) |
£ |
|
|
Aer Rianta Teo. |
31/3/62 |
+111,146 |
|
Agricultural Credit Co. Ltd. |
30/4/62 |
+21,572 |
|
Arramara Teo. |
30/9/61 |
+4,253 |
|
Ceimicí Teo. |
30/9/62 |
+87,016 |
|
30/9/61 |
+98,212 |
|
|
Comhlucht Siúicre Éireann Teo. (see note (d)) |
30/4/62 |
+348,129 |
|
Dairy Disposal Co. Ltd. |
31/12/61 |
+92,563 |
|
Cólucht Groighe Náisiúnta na h-Éireann, Teo. |
31/12/61 |
–4,935 |
|
Irish Steel Holdings Ltd. |
30/6/62 |
+43,668 |
|
30/6/61 |
+51,244 |
|
|
Industrial Credit Co. Ltd. |
31/10/62 |
+273,261 |
|
31/10/61 |
+275,145 |
|
|
Irish Shipping Ltd |
31/3/62 |
–408,673 |
|
Irish Life Assurance Co. Ltd. (see note (e)) |
31/12/61 |
+497,000 |
|
National Building Agency Ltd. (incorporated on 13/12/1960) |
31/3/62 |
– 204 |
|
(15 months period) |
||
|
Shannon Free Airport Development Co. Ltd. |
31/3/62 |
–277,111 |
Notes:
(a) Years of account vary. The figures given are the latest available.
(b) Allowances made for depreciation are included.
(c) Except in the case of Comhlucht Siúicre Éireann Teo., the figures are as calculated before taxation.
(d) The figure here is net after providing for taxation.
(e) The surplus is the result of biennial valuation.