Oireachtas Joint and Select Committees

Thursday, 25 November 2021

Public Accounts Committee

2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
Chapter 7 - Oversight of Funding for the European Capital of Culture 2020

9:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

Ms Licken is the Accounting Officer for the Department, and we understand that RTÉ is an independent commercial semi-State organisation, but a large part of its funding comes through the Department. Ms Licken outlined those figures in the documents she sent to us for today's meeting. Is she concerned now, however, at the financial state of RTÉ? I ask that because the situation looks to be far from healthy. Costs have increased and income has reduced dramatically. Land can be sold, but that can only be done once. There has also been substantial borrowing. The most recent figure I could find in that regard was for 2019, when it was €95 million. Is the situation at RTÉ sustainable?

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