John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

The accounts were published in late 2012. Probably the most significant information was that PwC warned about the ability of the company to continue as a going concern given its level of liabilities. Concerns were expressed over its future trading prospects. The company said it would not come into profitability until at least 2015. The backdrop to all of the companies is continued subsidy and massive amounts of taxpayers’ money being paid into them. The NTA gives the money in various ways to the companies and it sets the fares. Is that correct?