asked the Minister for Finance in respect of the Central Bank, Agricultural Credit Corporation, Industrial Credit Company, Irish Sugar Company and Irish Life Assurance Company, (a) the trading profits or surplus, (b) provision for taxation, (c) interest paid, (d) net profit, (e) total wages and salaries, (f) social insurance and superannuation contributions paid by the company, and (g) average number of employees, in each of the last three years for which the information is available.
Written Answers. - Semi-State Companies.
95.
The following is the information requested:
|
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
(g) |
||
|
Year ended |
Trading Profits or Surplus/ (Loss) |
Provision for Taxation |
Interest paid |
Net Profit/ (Loss) |
Total Wages and Salaries |
Social Insurance and Superannuation Contributions |
Average number of Employees |
|
|
£ |
£ |
£ |
£ |
£ |
||||
|
Central Bank of Ireland |
31/12/75 |
19,145,000 |
(1) |
31,180,000 |
13,746,000 |
1,671,000 |
268,000 |
568 |
|
31/12/76 |
31,932,000 |
(1) |
45,739,000 |
23,459,000 |
2,011,000 |
327,000 |
604 |
|
|
31/12/77 |
36,662,000 |
(1) |
44,736,000 |
30,421,000 |
2,277,000 |
379,000 |
599 |
|
|
(end-year totals) |
||||||||
|
Agricultural Credit |
31/12/75 |
(3,796,000) |
Nil |
8,158,000 |
(3,796,000) |
792,000 |
83,000 |
362 |
|
Corporation |
(8 mths) |
|||||||
|
31/12/76 |
80,000 |
Nil |
15,215,000 |
80,000 |
1,511,000 |
156,000 |
440 |
|
|
31/12/77 |
1,680,000 |
777,000 |
18,820,000 |
903,000 |
2,177,000 |
201,000 |
517 |
|
|
The Industrial Credit Co. Ltd. |
31/10/76 |
1,510,000 |
466,000 |
5,020,000 |
1,044,000 |
631,000 |
72,000 |
145 |
|
31/10/77 |
1,849,000 |
460,000 |
6,685,000 |
1,389,000 |
724,000 |
90,000 |
157 |
|
|
31/10/78 |
3,009,000 |
988,000 |
7,207,000 |
2,021,000 |
970,000 |
108,000 |
177 |
|
|
Comhlucht Siúicre Éireann |
30/9/76 |
2,292,000 |
1,525,000 |
3,352,000 |
496,000 |
16,070,000 |
1,921,000 |
3,403 |
|
Teoranta |
(17 mths) |
|||||||
|
30/9/77 |
2,986,000 |
105,000 |
1,833,000 |
2,894,000 |
15,090,000 |
1,771,000 |
3,545 |
|
|
30/9/78 |
3,245,000 |
45,000 |
1,903,000 |
3,051,000 |
16,857,000 |
2,264,000 (2) |
3,631 |
|
|
Irish Life Assurance |
31/12/75 |
1,199,000 (3) |
255,000 |
322,000 |
1,199,000 (3) |
3,715,000 |
874,000 |
1,234 |
|
Company Ltd. |
31/12/76 |
2,880,000 (3) |
256,000 |
743,000 |
2,880,000 (3) |
4,171,000 |
1,422,000 |
1,167 |
|
31/12/77 |
3,500,000 (3) |
655,000 |
671,000 |
3,500,000 (3) |
4,482,000 |
1,506,000 |
1,158 |
(1) The Central Bank's profits are not subject to taxation; its surplus income, shown in column (d) is payable directly to the Exchequer.
(2) Includes £300,000 for special adjustment to pension fund.
(3) These figures represent actuarial surpluses on periodic valuations.