Oireachtas Joint and Select Committees
Thursday, 12 May 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
9:30 am
Mr. Gary Butler:
I can respond to that. Earlier, I outlined a process that we went through called the 2020-2021 financial statements where we did a review of the carrying value of all the assets on the balance sheet. That review included preparing a reinstatement insurance cost for the current facility and a new build cost. Both of those came out at close to €20 million in terms of what is currently there.
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