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Dáil Éireann díospóireacht -
Wednesday, 16 Dec 1970

Vol. 250 No. 8

Ceisteanna—Questions. Oral Answers. - Company Statistics.

64.

asked the Minister for Finance if he will state in respect of the Agricultural Credit Corporation, Cómhlucht Siúicre Éireann Teo., Erin Foods Ltd., Industrial Credit Co., Irish Life Assurance Co., and the Central Bank of Ireland (a) capital employed, (b) profit or loss before taxation, (c) total wages and salaries paid, (d) number of employees and (e) the value of exports, for each of the last two years for which the information is available.

As the information requested by the Deputy is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to have it circulated with the Official Report.

The following is the information requested :—

Year ended

Capital Employed

Profit (Loss) before Taxa- tion

Total Wages and Salaries paid

Number of employees

Value of exports

£

£

£

£

Agricultural Credit

30/4/69

22,280,000

267,582

136,309

138

Does not arise

Corporation.

30/4/70

24,610,000

291,078

161,532

145

Cómhlucht Siúicre Éireann Teo.

30/4/69

8,246,000

1,025,915

2,275,614

3,396

(campaign)

2,184,243

1,818

(off-season)

30/4/70

8,581,000

1,190,000

2,634,000

3,020

(campaign)

2,805,768

1,817

(off-season)

Erin Foods Ltd.

30/4/69

3,365,000

(261,855)

775,900

1,255

(campaign)

2,847,038

833

(off-season)

30/4/70

4,283,000

(189,131)

1,101,425

1,520

(campaign)

4,044,023

930

(off-season)

Industrial Credit Company (including wholly owned subsidiary companies).

31/10/68

16,517,000

351,596

62,214

43

Does not arise

31/10/69

18,834,000

650,441

87,311

60

Irish Life Assurance Co.

31/12/68

68,737,000

580,000(a)

1,339,291

1,061

31,448(b)

31/12/69

76,823,000

650,000(a)

1,382,755

1,095

211,736(b)

Central Bank of Ireland

31/3/69

153,933,000

7,551,136

184,372

185

Does not arise

31/3/70

171,727,000

8,096,788

254,732

255

(a) This Company does not earn profits in the normal sense of the term. The figures represent surpluses on periodic valuations.

(b) Represents premium income received from abroad.

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