Oireachtas Joint and Select Committees

Thursday, 24 January 2013

Public Accounts Committee

National Transport Authority - Financial Statement 2011

10:50 am

Mr. Gerry Murphy:

Only to the extent that it has an impact on services, fares or the discharge of the company's obligations. To that extent, of course we review all those matters and require reporting to us on cost control, staff numbers control, payroll costs, all those issues, when we are looking at a fare increase. We brought in CIE's external auditors, Farrell Grant Sparks, to devise a template reporting mechanism which we apply across all the operators on how they report their projections, costs, cost control, revenue basis and all their extraordinary costs before we consider fare increases.

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