Oireachtas Joint and Select Committees
Thursday, 4 October 2018
Public Accounts Committee
Teagasc Financial Statements 2017
9:00 am
Professor Gerry Boyle:
Up to this year, the farm has been building up significant reserves. It has been useful as a demonstration facility for other farms because it is a full-cost model. For example, all of the labour and land are fully costed. There is no other entity that has that financial data. It is not available in a normal farming situation. The farm was also affected by the drought to a significant degree. There were substantial extra costs incurred this year in particular.
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