Joe Costello (Dublin Central, Labour) | Oireachtas source

The valuation of the properties is quite confusing. The value of assets disclosed in 2011 was €185 million. An independent valuation of property valued the assets in 2004 as €259 million but at the same time there was a book value of fixed assets put at €105 million. That does not take into consideration the property at Dingle fishery which came in at a later date. What is the real value of assets? When was an independent valuation of the property portfolio last done? When will we get a proper register of property with the value of those properties? It is one thing to register and list the properties, it is quite a different one to give us a realistic value on them and that is not in this statement.