Thursday, 6 Apr 2017

Written Answers Nos 99-116

Departmental Agencies Staff Data

Ceisteanna (99)

Jim O'Callaghan

Ceist:

99. Deputy Jim O'Callaghan asked the Tánaiste and Minister for Justice and Equality the number of staff in the Office of the State Pathologist in each year from 2011 to 2016 and to date in 2017. [17445/17]

Freagraí scríofa

Tánaiste and Minister for Justice and Equality

The information requested by the Deputy is set out in the following table:

Grade	2011	2012	2013	2014	2015	2016	2017
State Pathologist	1	1	1	1	1	1	1
Deputy State Pathologist	2	2	1	2	2	2	2
Senior Lab Analyst	1	0	0	0	0	0	1
Executive Officer	2	2	2	2	2	2	1
Clerical Officer	3	2	2	2	2	1	2
Total	9	7	6	7	7	6	7

Connectivity Fund

Ceisteanna (100)

Dara Calleary

Ceist:

100. Deputy Dara Calleary asked the Minister for Finance the amount of proceeds from the Aer Lingus sale invested in the connectivity fund; the details of the projects that received investment to date from the fund; and if he will make a statement on the matter. [17359/17]

Freagraí scríofa

Minister for Finance

The Connectivity Fund was established as a sub-fund of the Ireland Strategic Investment Fund (ISIF) to invest the €335 million proceeds from the sale of the State's shareholding in Aer Lingus with the aim of enabling and enhancing Ireland's physical, virtual and energy connectivity.

The ISIF has completed the first two investments from this fund with a combined value of €57 million.

- ISIF announced a $25 million (circa. €22 million) equity investment in Aqua Comms DAC, the operator of Ireland's first dedicated subsea fibre-optic network. The cable lands in Killala County Mayo and interconnects New York, Dublin and London.  Aqua Comms is a provider of data connectivity and bandwidth infrastructure services for content providers, cloud-based networks, data centres, IT companies and the global media. Its network will be used by major multinational technology and telecoms companies to provide fast, secure data connections between Ireland, the US and UK and will enable the continued growth of the Irish digital economy.

- ISIF also rolled an existing (National Pensions Reserve Fund) commitment in daa plc's public bond, which was issued in 2008 (repayable in 2018), into a €35 million commitment in a new 2028 public bond issuance by daa, the operator of Dublin and Cork Airports. This continues ISIF's role as a long-term, strategic, domestic investor in daa. Given the nature of the underlying business of daa, and the fact that the new bond issuance provides long-term financing for the company, the ISIF commitment to the 2028 bond is considered suited to inclusion under the Connectivity Fund.

Several other Connectivity Fund investment opportunities are currently being assessed under the ISIF's "double bottom line" mandate, which is to seek both commercial return and economic impact. These connectivity opportunities include potential investments in energy, air, sea and further data connectivity projects and businesses seeking to expand and enhance Ireland's international links.

Help-To-Buy Scheme

Ceisteanna (101)

Barry Cowen

Ceist:

101. Deputy Barry Cowen asked the Minister for Finance his views on whether the first-time buyer's grant is having a destructive impact on the private housing market and leading to massive inflationary pressures in the price of homes. [17410/17]

Freagraí scríofa

Minister for Finance

I assume the Deputy is referring to the Help to Buy (HTB) tax incentive.

As the Deputy will be aware, the HTB incentive was initially announced on 19 July 2016 as part of 'Rebuilding Ireland: Action Plan for Housing and Homelessness'. This plan contains a significant volume of responses to the current housing crisis, of which the HTB incentive is just one.  The comprehensive Action Plan takes a holistic approach in addressing the many interacting structural constraints affecting the housing market in areas such as planning and land use, as well as regulation and skills deficits in the construction sector. While the primary focus of the Action Plan is to tackle structural constraints, fiscal supports can play a supporting and time-bound role in addressing the current problems in the housing sector.

It is in this context that the Help-to-Buy (HTB) scheme should be considered. Its role is to complement the other measures in the Action Plan. The extent to which the scheme could lead to an increase in residential property prices will very much depend on the speed and efficiency with which structural supply constraints are eliminated and residential building activity increases. Therefore, the impact of the HTB incentive on property prices should not be considered in isolation from the impact of other measures contained in the Action Plan, which are primarily designed to increase supply. In my view, it is the lack of supply that is primarily responsible for driving house prices higher and I would point out that increases in house prices prevailed long before the introduction of the Help to Buy incentive. I would also point out that the HTB is targeted towards new build homes only, and to first-time buyers only, and it would be simplistic to designate this incentive as being the sole or the major contributor to house price increases.  Furthermore, the incentive is designed to help first-time buyers obtain the deposit required to facilitate the purchase of a home. Therefore it helps first-time buyers to meet the loan to value requirements of the Central Bank's macro-prudential rules. However, the loan to income requirements of those rules must also be satisfied and the HTB pays no role in relation to that aspect.

I wish to assure the Deputy that my Department continues to monitor developments in the property market including movements in property prices. In this regard, the Deputy may be aware that I have already committed to commissioning an independent economic impact assessment of the incentive which will look at, among other issues, its potential impact on property prices.  The contract for this assessment, following the completion of a competitive tendering process, will be awarded shortly.

Public Interest Directors Data

Ceisteanna (102)

Pearse Doherty

Ceist:

102. Deputy Pearse Doherty asked the Minister for Finance the name of the public interest directors in State backed banks in each year since the posts were created in tabular form; the total remuneration per director per annum; and if he will make a statement on the matter. [17168/17]

Freagraí scríofa

Minister for Finance

The date of appointment and date of resignation/cessation of office for each of the public interest directors appointed at AIB, BOI and PTSB are as follows:

Bank	Appointed	Resignation/cessation
Allied Irish Banks
Dick Spring	Jan-09	Dec-14
Declan Collier	Jan-09	Jun-12
Bank of Ireland
Tom Considine	Jan-09	Still in office.
Joe Walsh*	Jan-09	Nov-14
Permanent TSB
Margaret Hayes	Dec-08	May-13
Ray Mac Sharry	Dec-08	May-13

*Joe Walsh ceased to be a director following his death in November 2014.

Information in relation to fees paid to each of these directors is publically available in the banks' annual reports which can be accessed via the Investor Relations section of respective bank's website found at the following links:

AIB: https://aib.ie/investorrelations/financial-information/results-centre/2016

BOI: https://investorrelations.bankofireland.com/results-centre/

PTSB: www.permanenttsbgroup.ie/investors/reports-and-presentations/annual-and-interim-reports/2016.aspx

For EBS, prior to its merger with AIB, and the institutions no longer trading, the information requested by the Deputy is as follows:

Bank	Appointed	Resigned	Fees - 2009	Fees - 2010	Fees - 2011
Anglo Irish Bank*
Frank Daly	Dec-08	Dec-09	€98,000	-	-
Alan Dukes*	Dec-08	Jun-10	€102,000	€52,000	-
EBS
Anthony Spollen	Jan-09	Jun-11	€37,500	€29,000	€14,500
Ann Riordan	Jan-09	Jun-11	€37,500	€29,000	€15,600
INBS
Adrian Kearns	Jan-09	Jun-11	€55,000	€36,000	€18,000
Rory O'Ferrall	Jan-09	Jun-11	€55,000	€36,000	€18,000

*IBRC did not appoint any public interest directors under the terms of the Government Guarantee Scheme since 2011. Frank Daly and Alan Dukes were appointed public interest directors in December 2008. Frank Daly resigned on 22 December 2009 whilst Alan Dukes was appointed non-executive chairman on 14 June 2010.

Tracker Mortgages Examination

Ceisteanna (103)

Pearse Doherty

Ceist:

103. Deputy Pearse Doherty asked the Minister for Finance the consumer voice appointed by each lender's steering group as per the framework for conducting the tracker mortgages examination; and if he will make a statement on the matter. [17195/17]

Freagraí scríofa

Minister for Finance

The Framework as set out by the Central Bank for conducting the Tracker Mortgage Examination makes it clear that the Board of each lender is responsible for ensuring that the appropriate governance framework and controls are put in place to ensure the successful delivery of the Examination Plan.

As part of the governance framework, the Board of each lender is required to establish a Steering Group to oversee the implementation of the Plan.  The Steering Group membership must include a 'consumer voice' representative, who may be an internal party.

However, the Central Bank has informed me that it is not in a position to comment on the consumer voice that individual lenders have appointed to the steering group within the institution due to confidentiality requirements under Central Bank legislation, as it is lender specific supervisory information.

Tracker Mortgages Examination

Ceisteanna (104)

Pearse Doherty

Ceist:

104. Deputy Pearse Doherty asked the Minister for Finance the external independent parties appointed by each lender as per the framework for conducting the tracker mortgages examination; and if he will make a statement on the matter. [17196/17]

Freagraí scríofa

Minister for Finance

As the Deputy is aware, lenders have been required to appoint external independent third party assurers to oversee the Tracker Examination and to ensure that it is being carried out in line with the Central Bank's Framework for the conduct of the Tracker Examination. 

However, the Central Bank has informed me that it is not in a position to comment on the third parties that individual lenders have appointed to oversee the review process within their institution. This is due to confidentiality requirements under Central Bank legislation as such information is lender-specific supervisory information.

Tracker Mortgages Examination

Ceisteanna (105, 106)

Pearse Doherty

Ceist:

105. Deputy Pearse Doherty asked the Minister for Finance the banks and financial institutions that have indicated to the Central Bank that documents in respect of the cases may have been disposed of with regard to the Central Bank's investigation into the tracker mortgage issue; the specific reason documents are not available for each bank; the number of impacted accounts; the level of detail held by the lenders in respect of such accounts; the way in each case they have proposed to conduct the review in absence of these documents; and if he will make a statement on the matter. [17199/17]

Pearse Doherty

Ceist:

106. Deputy Pearse Doherty asked the Minister for Finance if, in cases in which lenders subject to the Central Bank's tracker mortgage investigation have made proposals to proceed in the absence of documents, for each lender, the Central Bank has raised objections to the proposals; if so, the nature of these objections; the result in terms of the way the lender approached those cases; and if he will make a statement on the matter. [17200/17]

Freagraí scríofa

Minister for Finance

I propose to take Questions Nos. 105 and 106 together.

The Central Bank has advised that all mortgages within the scope of the Examination are to be reviewed regardless of whether or not documents in respect of such mortgages are available to lenders.

As set out in the Examination framework, in circumstances where relevant documents are not available, lenders are to ensure that this will work to the benefit, and not the detriment, of impacted customers.

As part of the Examination framework, the Central Bank has acknowledged that some relevant documents may have been disposed of in accordance with data protection legislation or relevant provisions of the Central Bank's various codes of conduct. In such circumstances, the Central Bank has set out what lenders must provide to the Central Bank such as

(i) specific reasons why documents are not available,

(ii) the number of impacted accounts in respect of which documents are unavailable,

(iii) the level of detail held by lenders in respect of such accounts and

(iv) proposals to conduct the review in such circumstances.

However, the Central Bank has indicated that it is not in a position to comment on individual lenders due to confidentiality requirements under Central Bank legislation, as such information is lender specific supervisory information.

Tracker Mortgages Examination

Ceisteanna (107)

Pearse Doherty

Ceist:

107. Deputy Pearse Doherty asked the Minister for Finance if any lender has refused requests or to engage with the process with regard to the Central Bank's investigation into the tracker mortgage issue citing the Statute of Limitations; if so, the lenders involved and the response given by the Central Bank; and if he will make a statement on the matter. [17201/17]

Freagraí scríofa

Minister for Finance

I have been advised by the Central Bank that, as set out in the framework for conducting the Examination, the Statute of Limitations does not apply to the Central Bank's powers to enforce compliance with regulatory requirements including those relevant to the Tracker Examination and it does not negate lenders' obligations to comply with the relevant regulatory requirements set out by the Central Bank.

Furthermore, the Central Bank also advises that one of the key elements of the Central Bank's expectations in respect of redress and compensation for impacted customers is that lenders will undertake not to raise any time limit defences that may otherwise apply if impacted customers make complaints to the Financial Services Ombudsman or initiate proceedings before the courts.

However, the Central Bank is not in a position to comment on individual lenders due to confidentiality requirements under Central Bank legislation, as such information is lender specific supervisory information.

Tracker Mortgages Examination

Ceisteanna (108)

Pearse Doherty

Ceist:

108. Deputy Pearse Doherty asked the Minister for Finance if the Central Bank has raised concerns with lenders with regard to their communications with customers regarding the Central Bank's investigation into the tracker mortgage issue; if all lenders first contacted the Central Bank in advance of such communications; and if he will make a statement on the matter. [17202/17]

Freagraí scríofa

Minister for Finance

As set out in its update published on 23 March, 2017, the Central Bank expects that once impacted customers are identified, lenders will communicate with them in a clear and timely manner setting out the context and next steps in plain English so that they fully understand how they have been impacted, how the lender proposes to address the impact and what actions, if any, are required of the customer.

Given the importance of a clear and comprehensive communications approach, the Central Bank has also issued lenders with guidance in respect of its expectations for their interactions with customers. The Central Bank requires lenders to submit details of their proposed communication approach prior to engaging with impacted customers.

Tracker Mortgages Examination

Ceisteanna (109)

Pearse Doherty

Ceist:

109. Deputy Pearse Doherty asked the Minister for Finance the details of all notifications of errors sent to the Central Bank by lenders (details supplied). [17203/17]

Freagraí scríofa

Minister for Finance

The Central Bank advises that the information requested by the Deputy is lender specific supervisory information and that it is not in a position to comment on individual lenders due to confidentiality requirements under Central Bank legislation.

However, in the most recent update on the Examination which was published on March 23, certain data in relation to the Examination was published. This included:

- in all approximately 9,900 accounts had been identified as impacted by lenders as part of the Examination as at end February 2017; and

- that lenders had commenced contacting impacted customers identified as at end February 2017 and rectified the interest rates on more than 90% of accounts requiring rectification.

Tracker Mortgages Examination

Ceisteanna (110)

Pearse Doherty

Ceist:

110. Deputy Pearse Doherty asked the Minister for Finance the number of accounts by lender that have been investigated that had been reviewed as part of previous tracker mortgage-related review with regard to the Central Bank's investigation into the tracker mortgage issue; and if he will make a statement on the matter. [17204/17]

Freagraí scríofa

Minister for Finance

The Central Bank advises that the information requested by the Deputy is lender specific supervisory information and that it is not in a position to comment on individual lenders due to confidentiality requirements under Central Bank legislation.

However, in the most recent update on the Examination which was published on March 23, certain data in relation to the Examination was published. This included data which indicated that, prior to the commencement of the system-wide Examination and in the period 2008-2015, approximately 7,100 accounts were identified as impacted by tracker related issues, which were redressed and compensated as appropriate.

Tracker Mortgages Examination

Ceisteanna (111)

Pearse Doherty

Ceist:

111. Deputy Pearse Doherty asked the Minister for Finance the number of lenders that have included as supplementary information details in their conduct of business returns of delays in dealing with these complaints within the 40 days with regard to the Central Bank's investigation into the tracker mortgage issue; and the number of cases specified in each lender's case. [17205/17]

Freagraí scríofa

Minister for Finance

The Central Bank advises that the information requested by the Deputy is lender specific supervisory information and that it is not in a position to comment on individual lenders due to confidentiality requirements under Central Bank legislation.

However, as part of the framework for conducting the Examination, the Central Bank has set out that, in the circumstances of the Tracker Mortgage Examination, it accepts that customer complaints may be dealt with outside of the specific timeframes set out in the Consumer Protection Code (2012).  In such instances, however, lenders are expected to put in place a process for providing updates to customers regarding their complaints at appropriate intervals given the time it may take for the Examination to be completed.  It is recognised that this approach may have an adverse effect on the reporting of the percentage of complaints dealt with within 40 business days as set out in the conduct of business returns (COBR) and lenders have been requested to flag such delays when uploading the COBRs.

VAT Rate Reductions

Ceisteanna (112)

Eamon Ryan

Ceist:

112. Deputy Eamon Ryan asked the Minister for Finance if he will consider reducing the VAT rate charged on dog grooming services from 23% to 13.5%, in view of the fact the present situation creates inequalities, for example, if a grooming service is offered at a veterinary clinic, the 13.5% rate applies; and if he will make a statement on the matter. [17289/17]

Freagraí scríofa

Minister for Finance

The VAT rating of goods and services is subject to the requirements of EU VAT law with which Irish VAT law must comply. I am advised by The Revenue Commission that the supply of dog grooming services is liable to VAT at the standard rate of 23%. Under the EU VAT Directive, there is no provision to allow the reduced rate to be applied to the supply of dog grooming services.

The EU VAT Directive also allows for the continuation of a historic VAT rating. Where a Member State applied a zero or reduced VAT rate to a good or service on and from 1 January 1991, they are entitled to retain that historic VAT treatment. Dog grooming services did not apply a zero or reduced VAT rate on 1 January 1991 and as such it is not possible to apply a reduced or zero VAT rate to the service now.

As Ireland applied a reduced VAT rate to the supply of services by a veterinary surgeon on and from 1 January 1991 we can continue to apply the 13.5% rate to these services.  In this context, where a veterinary surgeon carries out a dog grooming service as part of a veterinary procedure, such as treating an illness or disease, the dog grooming is considered part of the veterinary procedure and the entire procedure is liable to VAT at the 13.5% rate. However, where a veterinary surgeon provides a dog grooming services as a supply that is distinct from a veterinary procedure the service is liable to VAT at the 23% rate.

NAMA Portfolio

Ceisteanna (113)

Richard Boyd Barrett

Ceist:

113. Deputy Richard Boyd Barrett asked the Minister for Finance if he will request from NAMA the correspondence it had with a company (details supplied) during the due diligence processes, in particular regarding potential fire safety and structural defects and commercial negotiations therein in respect of an area (details supplied); and if he will make a statement on the matter. [17305/17]

Freagraí scríofa

Minister for Finance

As outlined in my previous response to Dáil Question 141 of 14 February 2017, NAMA held security over a number of properties within the referenced development. However, these properties were under the control of a receiver who had been appointed by a participating institution before NAMA acquired the associated loans.

I am advised by NAMA that it was the appointed receiver's responsibility to manage and maintain the properties and, in this instance, to also manage the sales process. I am further advised by NAMA that any documentation and correspondence relating to the sale is a matter for the receiver and the purchaser.

The Deputy will be aware that I, as Minister for Finance, have no role in respect of NAMA's commercial operations or decisions. Accordingly, I have not been provided with correspondence relating to this sales process nor do I propose to alter that by requesting such correspondence.

NAMA operates a dedicated email service for members of the Oireachtas, [e-mail], should the Deputy wish to raise any matter directly with the Agency. This email is regularly monitored and Deputies will receive a prompt response.  The Deputy will also be aware that NAMA is subject to the Freedom of Information Act.

Ireland Strategic Investment Fund Investments

Ceisteanna (114)

Dara Calleary

Ceist:

114. Deputy Dara Calleary asked the Minister for Finance the amount that has been allocated and invested of the €7.5 billion in ISIF funding towards the capital plan; the projects funded for; the amount of investment per project; and if he will make a statement on the matter. [17356/17]

Freagraí scríofa

Minister for Finance

As the Deputy will be aware, the Ireland Strategic Investment Fund (ISIF) was established with a double-bottom line mandate to invest, on a commercial basis, to create employment and economic growth in Ireland. In accordance with this, ISIF's investment strategy and its activities are closely aligned with and support Government policy across a wide range of areas, including: housing, the agri-sector, communications and energy.

ISIF has already committed €2.7 billion and it acts as a catalyst for other investors to invest in Irish projects.  This includes a commitment of €361m to Infrastructure investment essential to the future competitiveness of the Irish economy. In addition, ISIF's ability to attract co-investment from the private sector means that €7 billion of total investment has been committed up to end December 2016.

Only a certain amount of any capital investment programme can be deliverable via either direct Government expenditure or traditional, proven sources of commercial investment such as PPPs. Therefore, in the course of implementing its investment strategy and conducting its activities, ISIF has been playing an important role, as both an investor and as a catalyst for private investment, in respect of the capital plan, Building on Recovery: Infrastructure and Capital Investment, 2016-2021.

As a public fund, it is important to the ISIF's success that the commercial investment decisions taken under its mandate are consistent with Government policy.  In this regard, ISIF's investment policy dovetails with Government policy while also, critically, maintaining the commercial mandate which is at ISIF's core.

ISIF has made a number of investments which support the objectives and principles of the Capital Plan, including investments in student accommodation, enabling infrastructure for residential development and innovative energy investments. There are strong two-way working relationships between ISIF and the relevant Government Departments and bodies, in order to ensure that ISIF investments are coherent, consistent and co-ordinated with Government policy. Some noteworthy outcomes arising from such engagement include:

- ISIF's investments under the Connectivity Fund, with a combined value of €57 million, in the areas of telecommunications connectivity with both our European and US neighbours, as well as in transport connectivity through investment in Dublin airport.

- Energy commitments of €44 million to the Dublin Waste to Energy project, €35 million to NTR's onshore wind fund and €76 million investment in Greencoat Renewables DAC.

- Commitments to housing investment of €325 million in Activate Capital, €25 million in the Ardstone Residential Partnership and €54 million in student accommodation in DCU.

- Cornerstone investor in the Irish Infrastructure Fund (IIF) managed by AMP Capital.

In this way, ISIF plays an important role as a key link between Government, semi-State bodies and the private sector. Such a strategic position is important for the continued investment in Ireland's infrastructure and, indeed our future economic growth and expansion.

As the Deputy may be aware, given ISIF's new and unique mandate as a sovereign development fund, and because of the uncertainty regarding the investment opportunities in Ireland, it was agreed that a formal review of the ISIF investment strategy would take place after 18 months. This was to allow for a sufficient period of time having elapsed before considering the operations and impact of the Fund.

The investment strategy review is ongoing and is examining the performance and impact of ISIF.  The review includes an appraisal of the success of ISIF's mandate to end December 2016 and involves interactions with both my Department and the Department of Public Expenditure and Reform as part of the process. The review itself is due for completion shortly. 

Tax Yield

Ceisteanna (115, 116)

Róisín Shortall

Ceist:

115. Deputy Róisín Shortall asked the Minister for Finance his estimate of the monthly excise and VRT losses due to the fall in sterling after the UK referendum decision to leave the European Union, by exciseable product, in tabular form; and the detail of the monthly loss of VAT accruing in view of the fact all of these items are also liable to VAT at the standard rate. [17405/17]

Róisín Shortall

Ceist:

116. Deputy Róisín Shortall asked the Minister for Finance the estimated likely loss of excise duties, VRT and VAT in 2017 and 2018 assuming average euro sterling rates of €1= £0.90 and €1 = £1, as estimated by his department. [17406/17]

Freagraí scríofa

Minister for Finance

I propose to take Questions Nos. 115 and 116 together.

The following table shows receipts by Excisable commodity from July 2015 to December 2016 (2016 figures are provisional).  It is not possible to estimate associated VAT for them all so only Excise has been provided for consistency.

The Deputy may find it useful to compare the excise receipts for the six month period following the UK referendum decision to leave the European Union (July 2016 to December 2016) with the corresponding six month period in the preceding year (July 2015 to December 2015). 

It should be noted that the timing of receipts of Excise duty in most cases reflect the timing of removal from warehouse or bond, rather than timing of consumption.

I would advise caution in the interpretation of the tobacco figures, as the monthly tobacco receipts in late 2015 and early 2016 were unusually high due to the stockpiling of tobacco products in advance of the introduction of the Tobacco Products Directive in May 2016.  In this regard I would specifically direct the Deputy's attention to the December 2015 tobacco receipts where over a quarter of the annual receipts for 2015 were received in that month.   

Finally, the Deputy will be aware that exchange rate fluctuations are not the only driver of cross border price differentials and the respective taxes in both jurisdictions, as well as the pricing strategies of retailers, can impact on cross border trade. Accordingly, it is not possible to provide an estimate of the likely impact on revenue streams based on the exchange rate scenarios set out by the Deputy.

Receipts	Oils	Alcohols	Tobacco	VRT	Total
	€m	€m	€m	€m	€m
Jul-15	€185.72	€98.90	€81.18	€91.99	€457.79
Aug-15	€178.30	€105.97	€103.43	€54.44	€442.14
Sep-15	€181.20	€91.60	€70.38	€32.68	€375.86
Oct-15	€185.04	€103.00	€109.76	€27.22	€425.02
Nov-15	€171.58	€132.94	€93.07	€19.53	€417.12
Dec-15	€106.96	€92.02	€277.01	€14.68	€490.67
Jan-16	€240.88	€126.81	€1.16	€158.29	€527.14
Feb-16	€173.79	€57.14	€100.11	€109.40	€440.44
Mar-16	€184.74	€74.86	€112.11	€103.46	€475.17
Apr-16	€187.84	€105.12	€113.86	€69.24	€476.06
May-16	€184.61	€89.44	€172.14	€49.49	€495.68
Jun-16	€184.66	€101.07	€161.41	€29.67	€476.81
Jul-16	€177.23	€106.04	€157.76	€114.64	€555.67
Aug-16	€184.57	€104.45	€59.81	€61.17	€410.00
Sep-16	€187.98	€106.03	€24.96	€38.95	€357.92
Oct-16	€177.72	€112.05	€56.52	€35.18	€381.47
Nov-16	€185.01	€113.84	€70.99	€22.83	€392.67
Dec-16	€99.45	€110.64	€66.88	€21.89	€298.86