Oireachtas Joint and Select Committees
Thursday, 24 January 2013
Public Accounts Committee
National Transport Authority - Financial Statement 2011
11:40 am
Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source
I would have assumed that the amount in question related to the internal financial audit. I am pleased to discover it does not, particularly as the figure involved is so high.
There are one or two other small points. Would Mr. L'Estrange explain the last line of page 52 of the accounts, that there is outstanding VAT repayable to be offset against future integrated ticketing scheme capital expenditure of €494,379. Why is there an outstanding VAT repayable amount? What does it mean?
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