Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

We intend to publish the various submissions that we received in the course of our work. I appreciate that this is, in effect, the discussion on the Deputy's amendment so I will address some of the points he has made.

The Deputy is seeking a report on the rate of the levy relative to the net interest income and operating profit for all in-scope institutions since it was introduced. It is important to point out that it would not be possible to produce a report, as requested, for that timeline. Credit institutions licensed by the Central Bank do not necessarily have to publish net interest income on a subconsolidated basis. Prior to the amendments I have proposed in the Bill, the levy had a wider application and some in-scope banks only reported net interest income on a consolidated basis with individual figures not available for their Irish subsidiaries. Therefore, any such historical analysis as suggested would be incomplete. I can also inform the Deputy that while the report he is proposing cannot be provided, I can provide the net interest income and operating profit of the credit institutions for 2022, which will be in scope of the levy in 2024. We have a table on that. I think the Deputy has public access to that information anyway.