Oireachtas Joint and Select Committees

Thursday, 6 February 2014

Public Accounts Committee

2012 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Dublin Docklands Development Authority
Annual Report and Financial Statements 2012

11:20 am

Mr. John Crawley:

The €3.2 million of debtors refers to moneys that are due in from developers for development levy contributions which are in turn payable to the Railway Procurement Agency, RPA. They are included both in debtors and creditors. They are on both sides of our balance sheet. The reason for that is that we are the legal authority that is obliged to collect the levies for both the authority and the RPA. We record them as receivables and then we also record them as payables. Deputy Murphy will see from the note that the debtor number is net of some provisions we have made. A substantial part of the sum of €5.9 million also relates to development levies that are due, but they are due to the authority for the authority’s account.

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