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Dáil Éireann díospóireacht -
Tuesday, 30 Apr 1985

Vol. 357 No. 10

Written Answers. - Carpet Company Finances.

583.

asked the Minister for the Gaeltacht (1) if he has seen a copy of the audited accounts for G.T. Carpets Ltd., in voluntary liquidation, for the five years ended 31 December 1983 which shows total accumulated revenue loss of £4,417,923; the reason he stated in reply to Parliamentary Question No. 618 of July 1983, that the total loss written off amounted to £3,925,526; if he can explain how the difference arose; and what he proposes to do about the write-off of the difference between £4,417,923 and £3,925,526, that is £492,387; (2) if he will now confirm the total loss of G.T. Carpets Ltd. to be as follows: (a) accumulated revenue loss — £4,417,923; (b) loss of capital grant (as stated in his reply to Parliamentary Question No. 618 of 6 July 1983) — £536,421; (c) share capital investment — £170,000; and total loss of all Exchequer moneys invested in the company — £5,124,344; if he can confirm that no further money will be written off in the liquidation of G.T. Carpets Ltd.; (3) if he has approved the write-off of losses contained in the audited accounts of Údarás na Gaeltachta for the year ended 31 December 1983 which have been shown in the balance sheet as follows: Gaeltarra Éireann — £6,954,932; Údarás na Gaeltachta — £13,315,723; Total — £20,270,655; if the approval of the Minister for Finance has been secured to such write-off of losses; and if the appropriate loans accounts have been adjusted accordingly.

(1) and (2) Ní gá, ar ndóigh, go mbeadh figiúirí do chaillteanais charnacha agus infheistíocht Údarás na Gaeltachta i gcomhlacht ag freagairt dá chéile.

Maidir leis an bhfochomhlacht i gceist, atá á leachtú, tuigim ó Udarás na Gaeltachta

—gur íocadh deontais dar luach £536,421 leis agus nach bhfuarthas aon chuid díobh ar ais,

—gur íocadh £3,925,526 ar scaireanna ann agus go bhfuil an tsuim sin díscríofa, agus

—nach dtitfidh aon chostas eile ar an Údarás i ndáil leis an bhfochomhlacht sin.

Ní gnách torthaí trádála a bhaineann le comhlacht príobháideach a fhoilsiú.

(3) Níl díscríobh i gceist, Maidir leis an airleacan a tugadh do Ghaeltarra Éireann/don Údarás dírítear aird an Teachta ar alt 23 den Acht um Údarás na Gaeltachta, 1979.

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