Oireachtas Joint and Select Committees

Thursday, 6 July 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015

9:00 am

Mr. Derek Moran:

It is more complicated than that but, as a general rule of thumb, if an entity derives more than half of its income - its revenue - from sources other than the State, it is not on the Government's balance sheet. In general Government terms, if it derives the majority of the money from the State, it is on the Government's balance sheet.

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