Wednesday, 10 July 2019

Ceisteanna (150)

Joan Burton

Ceist:

150. Deputy Joan Burton asked the Minister for Finance the dividends received from publicly owned enterprises and semi-State companies in 2018, in tabular form; the projected dividends in 2019; if he has requested additional or special dividends in 2019; his policy on these dividends; and if he will make a statement on the matter. [30318/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

The following table lists the dividends paid to the Exchequer by commercial State-sponsored bodies in 2018. Expected dividends from individual bodies is commercially sensitive information, however, as per the Stability Programme Update 2019, I have budgeted for a total of €249.4 million in dividend receipts in 2019, of which €68.6 million has been received to end-June.

Though a special dividend is expected from Ervia in 2019 in respect of the sale of Bord Gáis Energy, I have not requested any further special or additional dividends in 2019. Dividends are received to the Central Fund and are used for general expenditure.

Information on such dividends and receipts paid to the Exchequer are published on a monthly basis by my Department in the Fiscal Monitor which is available at www.gov.ie/en/collection/bf14dc-fiscal-monitors/.

Commercial State Sponsored Body (CSSB) Dividends

-

2018 Outturn

Irish Aviation Authority

19,458,000

Electricity Supply Board

33,056,621

Dublin Port Company

12,173,000

Coillte Teoranta

15,000,000

Dublin Airport Authority

37,400,000

Port of Cork Company

714,000

Eirgrid

4,000,000

Ervia

139,089,000

Port of Waterford

0

Shannon Foynes Port

300,000

Total

261,190,621