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Dáil Éireann díospóireacht -
Thursday, 16 Mar 1972

Vol. 259 No. 12

Written Answers. - Company Operation Statistics.

70.

asked the Minister for Transport and Power if, in respect of (i) Aer Lingus/Aerlínte, (ii) Aer Rianta, (iii) Córas Iompair Éireann, (iv) Ostlanna Iompair Éireann, (v) Electricity Supply Board, (vi) Bord na Móna, (vii) Irish Shipping Limited and (viii) British & Irish Steam Packet Company, he will state (a) the capital employed; (b) the profit or loss before taxation; (c) the total wages and salaries paid; (d) the number of employees; and (e) the value of exports for each of the last two years for which the information is available.

The information is in the form of a tabular statement which, with the permission of the Ceann Comhairle, I propose to circulate in the Official Report.

Following is the statement:

Company

(a)

(b)

(c)

(d)

(e)

Capital employed

Profit or Loss before taxation

Total wages and salaries paid

Number of Employees

Value of Exports

Year ended 31/3/70

Year ended 31/3/71

Year ended 31/3/70

Year ended 31/3/71

Year ended 31/3/70

Year ended 31/3/71

Year ended 31/3/70

Year ended 31/3/71

Year ended 31/3/70

Year ended 31/3/71

£

£

£

£

£

£

£

£

(i) Aer Lingus/Aerlínte

36,000,000

48,500,000

664,000

840,000

10,200,000

11,850,000

5,392

5,690

25,000,000

28,000,000

Note (i)

Note (i)

Note (ii)

Note (ii)

Note (iii)

Note (iii)

(ii) Aer Rianta

51,269

51,269

1,750,772Note (iv)

1,510,588Note (iv)

1,096,941

1,317,953

943

1,057

Nil

Nil

(iii) Córas Iompair Éireann

26,153,006

27,439,006

3,367,822Note (v)

6,180,574Note (vi)

22,431,254

26,590,057

20,885

21,028

882,000 Note (vii)

826,000 Note (vii)

(iv) Ostlanna Iompair Éireann

1,639,506

1,648,553

133,870

9,047

366,294

412,484

941 (a)453 (b)Note (viii)

921 (a)425 (b)Note (viii)

1,300,000Note (ix)

1,202,000Note (ix)

(v) Electricity Supply Board

132,271,266Note (x)

138,820,849Note (x)

188,757(Surplus)

2,593,000(Deficit)

14,200,000

19,024,000

11,291

11,824

Nil

Nil

(vi) Bord na Móna

22,971,092

21,950,752

1,818,909Note (xv)

2,132,543Note (xv)

5,070,113

5,597,911

5,643(at peak)

5,439(at peak)

1,375,636

1,531,043

(vii) Irish Shipping Ltd.

13,895,895

14,893,120

508,469

851,847

817,000

943,000

635

611

2,185,000Note (xi)

2,597,000Note (xi)

(viii) British & Irish Steam Packet Co. Ltd. Note (xii)

8,440

8,824,922

8,873

158,879Note (xiv)

2,156,000Note (xiv)

2,560,000

1,524

1,510

3,938,000Note (xiii)

5,176,000Note (xiii)

NOTES: (i)

Capital actively employed.

(ii)

These figures are arrived at after deducting depreciation and interest payments from operating profits.

(iii)

Figures represent revenue earned abroad.

(iv)

Surplus on operating accounts at Dublin, Shannon and Cork Airports.

(v)

Represents net deficit excluding annual subsidy of £2.65 million.

(vi)

Represents net deficit excluding subsidies totalling £5.63 million.

(vii)

Represents earnings abroad for tours services provided by C.I.E., i.e. the gross revenue from tours operations minus outpayments in respect of hotels and entertainment etc.

(viii)

(a) High Season. (b) Low Season.

(ix)

Estimated revenue from foreign visitors.

(x)

Represents loan capital.

(xi)

Net external earnings.

(xii)

Accounting year ends on 31st December.

(xiii)

Gross external earnings.

(xiv)

Profit arising after taking account of sale of redundant assets.

(xv)

The figures shown represent profits prior to deduction of interest. In 1969/70 interest paid on loan capital was £144,286; in that year interest amounting to £1,139,782 on capital advanced by the State was waived. In 1970/71 interest paid on loan capital was £686,824; in that year interest amounting to £562,153 on capital advanced by the State was waived.

71.

asked the Minister for Finance if, in respect of (i) Agricultural Credit Corporation, (ii) Comhlucht Siúicre Éireann Teoranta, (iii) Erin Foods Limited, (iv) Industrial Credit Company, (v) Irish Life Assurance Company and (vi) Central Bank of Ireland, he will state (a) the capital employed; (b) the profit or loss before taxation; (c) the total wages and salaries paid; (d) the number of employees; and (e) the value of exports for each of the last two years for which the information is available.

The following is the information requested:

Year ended

Capital Employed

Profit (Loss) before Taxation

Total Wages and Salaries paid

Number of Employees

Value of Exports

£

£

£

£

Agricultural Credit Corporation

30/4/70

24,610,000

291,078

161,532

145

Does not arise

30/4/71

28,629,000

209,365

217,829

164

Comhlucht Siúicre Éireann Teo

30/4/70

8,581,000

1,190,000

2,634,000

3,020

(campaign)

1,817

(off-season)

1,801,000

30/4/71

10,353,000

679,000

3,252,000

2,950

(campaign)

1,913,000

1,769

(off-season)

Erin Foods Ltd.

30/4/70

4,283,000

(189,000)

1,110,000

1,520

(campaign)

4,044,000

930

(off-season)

30/4/71

5,492,000

(480,000)

1,380,000

1,501

(campaign)

4,003,000

910

(off-season)

Industrial Credit Company (including wholly owned subsidiary companies)

31/10/70

21,276,000

602,000

123,000

71

Does not arise

31/10/71

26,069,000

693,000

159,000

84

Irish Life Assurance Co.

31/12/69

76,823,000

650,000 (a)

1,217,000

1,095

212,000 (b)

31/12/70

89,245,000

675,000 (a)

1,340,000

1,133

7,104,000 (b)

Central Bank of Ireland

31/3/70

171,727,000

8,097,000

255,000

255

Does not arise

31/3/71

192,358,000

11,688,000

382,609

281

(a)These figures represent surpluses on periodic valuations.

(b)Represents premium income received from abroad.

72.

asked the Minister for the Gaeltacht if he will state in respect of Gaeltarra Éireann (a) the capital employed; (b) the profit or loss before taxation; (c) the total wages and salaries paid; (d) the number of employees; and (e) the value of exports for each of the last two years for which the information is available.

Seo a leanas na sonraí—a bhaineann leis na tionscail atá á reachtáil ag Gaeltarra Éireann féin:

Tréimhse 9 mí dar chríoch 31 Nollaig 1969

Bliain dar chríoch 31 Nollaig 1970

(a) Caipiteal feidhme (measta)

£1,065,000

£1,165,000

(b) Caillteanas trádála

£94,909

£207,597

(c) pá agus tuarastail*

£442,018

£557,230

(d) Fostaithe:*

(i) lánaimseartha

758

583

(ii) páirtaimseartha

990

990

(e) Onnmhairí

£256,918

£256,286

*Foireann atá ag plé le cúrsaí forbartha—seachas tionscail Ghaeltarra—san áireamh.

73.

asked the Minister for Agriculture and Fisheries if he will state in respect of (i) the Dairy Disposal Company and (ii) Bord Iascaigh Mhara (a) the capital employed; (b) the profit or loss before taxation; (c) the total wages and salaries paid; (d) the number of employees; and (e) the value of exports for each of the last two years for which the information is available.

The following is the information requested:

Dairy Disposal Co. Ltd.:

1969

1970

£7

£7

(a) Capital Employed

Share Capital

Loan Capital

£584,603

£584,603

(b) Profit or Loss before Taxation

£14,504 (loss)

£373,348 (loss)

(c) Total Wages and Salaries paid

£1,284,641

£1,644,553

(d) Number of Employees

1,429

1,386

(e) Value of Exports: Accurate figures not available as exports by the Company are normally effected through An Bord Bainne and the Pigs and Bacon Commission. In addition in 1970, however, the Company exported directly produce to the total value of £359,726.

1969/70

1970/71

An Bord Iascaigh Mhara:

(a) Capital Employed

Share Capital

Other Capital (Loans & Grants)

£1,500,577

£1,959,510

(b) Profit or Loss before Taxation

£31,108 (loss)

£39,067 (loss)

(c) Total Wages and Salaries paid

£235,632

£295,032

(d) Number of Employees

204

243

(e) Value of Exports

*Nil

*Nil

*The Board ceased to engage in marketing in 1967.

74.

asked the Minister for Industry and Commerce if, in respect of (i) Nítrigin Éireann Teoranta, (ii) Irish Steel Holdings Limited and (iii) Ceimicí Teoranta, he will state (a) the capital employed; (b) the profit or loss before taxation; (c) the total wages and salaries paid; (d) the number of employees; and (e) the value of exports for each of the last two years for which information is available.

As the information requested by the Deputy is in the form of tabular statements, I propose with your permission, a Cheann Comhairle, to have statements circulated with the Official Report. The details given in each case are for the latest year for which the company's accounts have been published.

It might be noted that the annual reports and financial accounts for these companies which are laid before the Dáil give statistics for the year reported on and previous years.

Following are the statements:

Nítrigin Éireann Teoranta

Year ended 30/6/70

Year ended 30/6/71

Capital employed

£7,376,816

(a)

£7,800,727

(b)

Profit or loss before taxation

£66,192

(Loss)

£284,188

(Profit)

Wages and salaries paid

£1,123,788

£1,333,845

Number of employees

750

798

Value of exports

£300,000

(Approx.)

£500,000

(Approx.)

NOTES: (a)This figure includes the amount of £1,000,000 principal outstanding on a long-term bank loan.

(b)This figure includes the amount of £500,000 principal outstanding on a long-term bank loan.

Irish Steel Holdings Ltd.

Year ended 30/6/70

Year ended 30/6/71

Capital employed

£7,396,423

£7,736,167

Profit or loss before taxation

£442,076

(Profit)

£361,567

(Profit)

Wages and salaries paid

£1,113,000

£1,396,000

Number of employees

830

817

Value of exports

£691,000

£591,000

Ceimicí Teoranta

Year ended 30/9/69

Year ended 30/9/70*

Capital employed

£448,054

£488,877

Profit or loss before taxation

£9,504

(Loss)

£25,407

(Profit)

Wages and salaries paid

£146,488

£171,430

Number of employees:

(a) Permanent

132

132

(b) Seasonal

30

28

Value of exports

£16,139

£69,062

*Ceimicí Teoranta are altering their trading year to end on 31st December. The accounts for 31/12/71 have not yet been published.

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