Oireachtas Joint and Select Committees

Thursday, 12 February 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
IDA Ireland - Financial Statement 2013
Enterprise Ireland - Financial Statement 2013

10:00 am

Mr. Niall O'Donnellan:

As I understand it, we gained from the cash distribution. In terms of the equivalent value, the market had taken that into account. As for the uplift on the hotel IPO which had not been anticipated at that time we sold, obviously, we would have gained significantly from that. I understand, we would have gained significantly.

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