Oireachtas Joint and Select Committees

Thursday, 15 June 2017

Public Accounts Committee

HSE Financial Statements 2015 and 2016
Clarification of Matters Relating to Meeting of 2 February 2016

9:00 am

Mr. Stephen Mulvany:

It is, that is what I am saying. This is money that is coming to us as a rebate. It is effectively a price discount paid after we purchase. Because the amount of those rebates has increased the amount owing to us at any period of time is increased. Broadly it is a good thing. It normally is not a good thing if one's debtors are going up but this is broadly good.

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