Oireachtas Joint and Select Committees

Thursday, 26 March 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Dublin Docklands Development Authority: Annual Report and Financial Statements

10:00 am

Mr. John Crawley:

Yes, approximately €600,000. We have not confirmed that valuation. The last formal valuation was at the end of 2013 when it was worth €750,000. The board wrote it down by €150,000 at the last minute when we were finalising accounts. We informally asked the valuer, based on what the dry-docking had shown, what impact that would have. We are not finalising a current set of accounts now but when we do that we will get a formal valuation of the asset.

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