Dáil Éireann díospóireacht -
Thursday, 1 Mar 1979

Vol. 312 No. 4

Written Answers. - State Borrowing.

167.

Mr. Bruton

andMr. P. Barry asked the Minister for Finance the amount of debt of each semi-State body (a) owed to the Irish Government, (b) owed to other lenders, and the rate of interest and date of redemption on each debt owed to the Irish Government; and if the money is being used in all cases for productive purposes.

Minister for Finance (Mr. Colley)

The information requested is set out in the following table. In all cases the money borrowed is being used up for productive purposes.

Following is the table:

Body	Amount of Debt owed at 31 December, 1978 to
	(a) Irish Government	(b) Other lenders
	Amount (£)	Interest Rate	Date of Redemption	Amount (£)
		%
Agricultural Credit Corporation	4,448,000	11.33	No date fixed	287,000,000
	4,000,000	11	8th May, 1982
	4,000,000	10	15th May, 1982
Total	12,448,000
Bord lascaigh Mhara	270	6¼	1 April, 1979	2,198,115
	689	6	1 April, 1985
	6,220	7	1 April, 1987
	56,590	7	1 April, 1988
	41,984	7	1 April, 1989
	104,155	7¼	,,
	98,468	8½	,,
	137,532	8½	1 April, 1990
	163,522	8½	1 April, 1991
	336,116	9½	1 April, 1992
	153,660	9	,,
	796,672	9	1 April, 1993
	1,017,752	9	1 April, 1994
	378,356	9	1 April, 1995
	1,224,503	10	,,
	2,576,496	10	1 April, 1996
	1,958,858	12	1 April, 1997
	29,532	7	1 April, 1988
	339,009	8½	1 April, 1991
	942,868	12	1 April, 1998
	1,194,000	11	1 April, 1999
	217,000	12	,,
Total	11,774,252
Bord na Móna	924,066	3½	1 April, 1981	3,263,766
	1,237,323	4¾	1 April, 1985
	397,754	5¼	1 April, 1988
	843,590	5½	,,
	832,680	5¾	,,
	270,590	6¼	1 April, 1988
	26,767	5¼	,,
	252,263	5½	,,
	307,054	2½	1 April, 2003
	22,013	4¾	1 April, 1991
	9,115	5¼	,,
	9,620	5¼	1 April, 1992
	17,544	5¾	1 April, 1993
	4,007	6¼	,,
	5,062,443	6¼	No date fixed
	1,554,000	6	,,
	1,184,557	7	,,
	545,228	5¾	1 April, 1988
	1,526,000	7¾	No date fixed
	500,000	10	,,
	6,400,000	11	,,
	5,800,000	12	,,
Total	27,726,614
Córas lompair Éireann	475,000	6¼	No repayment	18,989,873
	2,564,321	7	dates fixed
	2,162,667	7¾	,,
	2,694,535	8½	,,
	1,080,520	9½	,,
	4,762,775	9	,,
	3,705,873	10	,,
	5,125,000	12	,,
	2,050,000	11	,,
	1,400,000	Non-Interest bearing	,,
Total	26,020,691
Electricity Supply Board	6,030,693	5	1 July, 1989	309,771,494 (debt as at 31/3/78)
	1,693,455	2½	1 January, 1998
	5,962,967	3¼	1 January, 1999
	4,840,296	3½	1 January, 2002
	3,458,368	4	1 January, 2003
	1,042,030	4½	,,
	6,435,382	5¼	,,
	3,189,290	5	1 January, 2005
	1,559,198	4	1 January, 2006
	1,623,089	5	,,
	1,282,663	4¾	,,
	1,801,819	5¼	1 January, 2007
	757,610	5¾	,,
	862,885	5¾	1 January, 2008
	754,702	6¼	1 January, 2009
	1,334,680	5¼	1 January, 2007
	3,063,243	5¾	1 January, 2008
	577,125	6¼	1 January, 2009
Total	46,269,495
Fóir Teo.	24,871,764	Interest and repayment terms not yet determined	——
Gaeltarra Éireann Teo.	34,000	6¼	Repayments deferred until operations become profitable	385,715
	241,000	7
	240,000	7¾
	1,130,000	8½
	400,000	9½
	3,900,000	9
	5,877,000	10
	13,369,000	12
	7,100,000	11
Total	32,291,000
Industrial Credit Company	477,262	9½	1 November, 1985	57,081,000
	1,825,982	6¼	1 November, 1990
	829,460	7	,,
	547,070	7¼	,,
	1,231,470	7¾	,,
	1,433,698	8	,,
	2,088,606	9	1 November, 1988
	1,183,087	9	1 November, 1989
	289,812	10	,,
	3,234,120	10	1 November, 1990
	3,132,600	12	1 November, 1991
	110,607	8	No date fixed
	333,825	9	,,
	14,462	9¼	,,
	318,680	9½	,,
	6,726,086	10	,,
	6,380,000	11	,,
	6,293,012	12	,,
Total	46,449,839
National Building Agency	152,273	6	1 May, 1991	2,190,495
	252,567	6	1 May, 2001
	280,973	6¼	1 May, 2003
	433,922	7	1 November, 2003
	34,829	7¾	1 November, 1993
	268,912	7¾	1 May, 2004
	179,063	8½	,,
	421,915	8½	1 May, 2005
	14,516	8½	,,
	303,767	8½	1 May, 2006
	100,592	9½	1 May, 2007
	262,320	9	,,
	526,527	9	1 May, 2008
	742,059	9	1 May, 2009
	457,919	9	1 May, 2010
	1,454,273	10	,,
	1,386,856	10	1 May, 2011
	1,092,566	11	1 May, 2006
	165,198	12	1 May, 2007
Total	8,531,047
Nitrigin Éireann Teo.	2,065,231	6¼	1 July, 1995	106,332,000
Radio Telefis Éireann	1,446,000	6¼	No date fixed	——
	370,000	6	,,
	35,000	7	,,
	1,444,000	9	,,
	271,500	10	,,
	8,411,000	12	,,
	1,950,000	11	,,
Total	13,927,500
Shannon Free Airport Development Co. Ltd.	277,896	6¼	1 April, 2012	——
	63,476	6¼	1 April, 2013
	4,588	6	1 April, 2013
	567,405	6	1 April, 2014
	345,772	6	1 April, 2015
	79,964	6¼	,,
	47,202	6¼	1 April, 2016
	77,343	7	,,
	184,910	7	1 April, 2017
	125,577	7¾	,,
	33,412	7¾	1 April, 2018
	334,071	7	,,
	141,739	7	1 April, 2019
	670,279	7¾	,,
	48,000	8½	,,
	944,755	8½	1 April, 2020
	476,597	8½	1 April, 2021
	281,644	9½	,,
	597,077	9½	1 April, 2022
	298,677	9	,,
	884,008	9	1 April, 2023
	1,009,387	9	1 April, 2024
	1,175,560	10	1 April, 2025
	720,066	10	1 April, 2026
	1,289	12	1 April, 1982
	51,356	12	1 April, 1987
	118,301	12	1 April, 1992
	77,265	12	1 April, 1997
	113,968	12	1 April, 1992
	989,480	12	1 April, 2027
	4,759	12	1 April, 1983
	59,436	12	1 April, 1988
	167,997	12	1 April, 1993
	4,462	12	1 April, 1996
	184,969	12	1 April, 1998
	166,126	12	1 April, 2003
	331,813	12	1 April, 2028
	331,000	12	1 April, 2029
	470,000	11	,,
Total	12,461,626
Aer Lingus/Aer Linte	—			57,660,024
Bord Gáis Éireann	—			16,871,000
British and Irish Steampacket Co. Ltd.	—			5,367,000
Comhlucht Siúicre Éireann Teo.	—			25,062,000
Córas Trachtála	—			174,602
Ceimici Teo.	—			395,000
Irish Life Assurance Co. Ltd.	—			25,881,686
Irish Shipping Ltd.	—			17,720,122
Irish Steel Holdings	—			7,970,650
Kilkenny Design Workshop	—			482,922
Min Fhéir Teo.	—			172,000
National Film Studios of Ireland	—			1,050,000
Ostlanna lompair Éireann Teo.	—			4,856,107
An Comhairle Oiliúna (AnCO.)	—			3,960,885
Council for EducationRecruitment and Training of Hotel and Catering Workers (CERT)	—			469,216
Dail tables question 167.