Oireachtas Joint and Select Committees

Thursday, 3 May 2018

Public Accounts Committee

Vote 29 - Department of Communications, Climate Action and Environment

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

I have some other questions. I am looking at page 141 of the RTÉ financial statements. How much interest has RTÉ been paying up to now? What are the interest rates? If RTÉ had borrowings of €50 million, the company must have been paying €3 million or €4 million. What is the ballpark figure? It is a complicated structure in the financial statements. Can you simplify it for viewers, Ms O'Keeffe? Is RTÉ paying much in annual interest? Can you give a figure to the nearest million? I am not looking for an exact figure.

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