Oireachtas Joint and Select Committees
Wednesday, 25 January 2017
Joint Oireachtas Committee on the Future Funding of Domestic Water Services
Department of Housing, Planning, Community and Local Government and Mr. Séamas Ó Tuathail, SC
Ms Maria Graham:
Yes. According to the 2015 accounts the share capital is worth €1 million. The assets from local authorities did not transfer at their historical cost. The asset values that are reflected in Irish Water are outside the assets that it has built.
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