Oireachtas Joint and Select Committees

Thursday, 30 March 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
UCC: Financial Statements 2013-2014

9:00 am

Mr. Diarmuid Collins:

We purchased it in 2016. As part of the 2016-17 financial statements, we will be carrying out a revaluation of the asset we purchased. It will depend on what the valuation might be, whether there was a gain or a loss on the acquisition.

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