Oireachtas Joint and Select Committees
Thursday, 24 November 2022
Public Accounts Committee
Financial Statements 2021: National Lottery Fund
9:30 am
Brian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source
In the accounts of Premier Lotteries for 2017 and 2018, I note the gross profit was €70.2 million in 2018 and €70.4 million in 2017. It had administration expenses of €65 million and finance costs of €35.2 million in 2018, so the company ends up with a loss of €30.7 million. We have to assume advertising is included in those administration costs.
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