Oireachtas Joint and Select Committees
Thursday, 11 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Matters Relating to the Banking Sector: Allied Irish Banks
Dr. Colin Hunt:
The deferred tax asset, DTA, effectively sits on our balance sheet. It is included in the valuation of the company and it is worth bearing in mind that we have repaid the State €10.8 billion of the total recapitalisation moneys received and the value of the AIB Group, which includes that asset, to the State is still of the order of about €8 billion.
No comments