Dáil Éireann Debate, Tuesday - 21 February 2023
143. Deputy Paul Murphy asked the Minister for Enterprise, Trade and Employment the number of Enterprise Ireland client companies that have been dissolved, entered receivership or been liquidated in the past five years and the total amount of losses accrued by Enterprise Ireland on its investments broken down by company. [8753/23]
Amharc ar fhreagraWhere Enterprise Ireland's assessment of the value of investments is nil, due to insolvency or otherwise, those investments are written off. Over the last five years Enterprise Ireland has had to write off €47,013,327.16 of equity investments in 257 of their clients due to those businesses being dissolved, entering receivership or being liquidated.
The following Table provides the relevant data sought but under the General Data Protection Regulation (GDPR), it is not considered possible to provide individual company names.
|
Year |
No of Companies |
Amount of write off € |
|
2018 |
79 |
14,109,577.18 |
|
2019 |
54 |
10,553,581.77 |
|
2020 |
59 |
9,164,910.04 |
|
2021 |
42 |
10,054,308.60 |
|
2022 |
23 |
3,130,949.57 |
|
TOTAL |
257 |
€47,013,327.16 |
