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Dáil Éireann díospóireacht -
Tuesday, 16 Jun 1964

Vol. 211 No. 1

Ceisteanna—Questions. Oral Answers. - Irish Shipping Limited.

51.

asked the Minister for Transport and Power the profit or loss on Irish Shipping for the past year.

The accounts of Irish Shipping Ltd. for 1963-64 which were laid before both Houses of the Oireachtas on 10th June, 1964, show an operating surplus of £445,322 on working account. After allowing for depreciation of the fleet amounting to £1,023,845 and for certain other adjustments, the net commercial loss amounted to £556,721.

I did not ask the Minister for the operating surplus on Irish Shipping. I asked was there a profit or loss.

I have given the Deputy the information.

There is a loss of £500,000.

The Minister gave the Deputy more information than he asked for.

It is something about which to write to Ripley. He answered six questions today. That is a "Believe It or Not" for Sunday.

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