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Dáil Éireann díospóireacht -
Tuesday, 4 Dec 1984

Vol. 354 No. 7

Written Answers. - Commercial Semi-State Companies.

661.

asked the Minister for Industry, Trade, Commerce and Tourism if he will give the following data in respect of each one of the commercial semi-State companies under the aegis of his Department:— (a) the total debt of the company, foreign and domestic; (b) the total of their debt which is not specifically guaranteed by means of Acts of the Oireachtas; (c) the borrowing covered by letters of comfort or other non-statutory forms of assurance; and if he will supply corresponding data for the same date five years previously.

In so far as the commercial semi-State companies for which my Department are responsible are concerned, the information requested by the Deputy is set out in the following table:

Ceimicí Teo.

Nítrigín Éireann Teo.

Irish Steel Ltd.

30 Nov. 1984

30 Nov. 1979

30 Nov. 1984

30 Nov. 1979

30 Nov. 1984

30 Nov. 1979

£m

£m

£m

£m

£m

£m

(a) Domestic Borrowing

1.45

0.508

102.1

56.6

15.1

2.1

Foreign Borrowing

Nil

Nil

81.1

91.4

41.9

9.6

Total

1.45

0.508

183.2

148.0

57.0

11.7

(b)

1.45

0.508

11.7*

51.0

0.3

0.5

(c)

Nil

Nil

4.4†

26.1

Nil

Nil

* The figures at (b) include borrowing at (c)

† As and from 18 December 1984 NET's borrowings covered by letters of comfort will be reduced to £287,000.

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