Oireachtas Joint and Select Committees

Thursday, 21 November 2019

Public Accounts Committee

Business of Committee

9:00 am

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

Greyhound Racing Operations Ireland Limited received a clear audit opinion. A number of these Bord na gCon companies have an impairment loss relating to the valuation of assets. We discussed this at our recent meeting. That point is being repeated with regard to several of these subsidiaries. Cork Greyhound Race Company Limited received a clear audit opinion. The Limerick Greyhound Racing Track Limited also received a clear audit opinion - we have mentioned the issue arising from the revaluation of assets. Dublin Greyhound and Sports Association limited received a clear audit opinion. The document states: "Attention is drawn to the fact the directors have prepared the financial statement on a non-going concern basis." Is that-----

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