The Deputy will appreciate that I have no role or function in the day to day administration matters of Enterprise Ireland. My Department does, however, have responsibility for ensuring that corporate governance procedures, systems of internal financial control and reporting relationships are in place. Enterprise Ireland has confirmed to me that they operate in accordance with the Framework Code of Best Practice set out in the Code of Practice on the Governance of State Bodies. Each year the agency confirms in its annual report that they are in compliance with the Code. Additionally, I receive a separate report from the Chairperson affirming that they are in compliance with the Code.
The Financial Statements, audited by the Comptroller and Auditor General, are published annually and laid before the Houses of the Oireachtas in the Enterprise Ireland Annual Report. Expenditure in 2007 on Administration, Operation and Promotion are set out in the following table. The audited 2008 figures will be available and published in the Enterprise Ireland 2008 Annual Report in the near future.
Administration, Operation and Promotion 2007
|
€’000
|
Remuneration and Other Pay Costs
|
72,685
|
Library Services and Other Client Related Costs
|
1,445
|
Rents, Rates, Service Charges & Insurance
|
10,645
|
Travelling Expenses
|
6,772
|
Printing, Postage & Stationery
|
2,136
|
Communication & IT Costs
|
2,418
|
Repairs, Maintenance & Leasing Charges
|
1,209
|
Light, Heat & Cleaning
|
1,622
|
Board Members’ Emoluments
|
431
|
Professional Fees
|
4,626
|
Audit Fee
|
85
|
Tangible Fixed Assets Below Capitalisation Threshold
|
752
|
Other Operating Expenses
|
2,949
|
|
107,775
|