Oireachtas Joint and Select Committees
Thursday, 1 October 2015
Public Accounts Committee
National Asset Management Agency: Financial Statements 2014 (Resumed)
10:00 am
Mr. Brendan McDonagh:
No. We said there would be a €1 billion profit at the end of 2014. We had a look at it at the end of June because we do a half-yearly review of the exercise. It is a big exercise, as there are approximately 30,000 individual assets involved, and we increased that to €1.75 billion. We will do it again at the end of 2015 but we would hope to do better than €1.75 billion.
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