Oireachtas Joint and Select Committees

Thursday, 17 July 2025

Public Accounts Committee

Business of Committee

2:00 am

Mr. Seamus McCarthy:

The first set of financial statements are those of the National Cancer Registry Ireland board for 2024. They received a qualified audit opinion. In my opinion, the accounts give a true and fair view, except that they account for the cost of retirement benefit entitlements only as they become payable. That is standard for many of the health bodies.

No. 2 is the financial statements of The Gathering project 2013. This is a non-trading company. The financial statements relate to 2024 and they received a clear audit opinion.

No. 3 is the financial statements of the Personal Injuries Resolution Board for 2024, which received a clear audit opinion.

No. 4 is the Private Security Authority financial statements for 2024. They received a clear audit opinion.

No. 5 is the National Council for Special Education financial statements for 2024. They received a clear audit opinion.

No. 6 is the Irish Horseracing Regulatory Board financial statements for 2024. They received a clear audit opinion.

No. 7 is the Economic and Social Research Institute financial statements for 2024. They received a clear audit opinion.

The remaining financial statements are all accounts produced by the National Treasury Management Agency. No. 8, the national debt of Ireland accounts for 2024, received a clear audit opinion.

No. 9 is the National Treasury Management Agency administration account for 2024. They received a clear audit opinion.

No. 10 is the post office savings bank fund accounts for 2024. They received a clear audit opinion.

No. 11 is the State Claims Agency accounts for 2024. They received a clear audit opinion.

No. 12 is the Dormant Accounts Fund accounts for 2024. They received a clear audit opinion.

No. 13 is the Ireland Strategic Investment Fund financial statements for 2024. They received a clear audit opinion.

No. 14 is the Infrastructure, Climate and Nature Fund accounts for 2024. They received a clear audit opinion.

No. 15 is the Future Ireland Fund accounts for 2024. They received a clear audit opinion.

No. 16 is the National Surplus (Exceptional Contingencies) Reserve Fund financial statements for 2024. They received a clear audit opinion. I draw the committee's attention to the fact that these are the dissolution accounts of the fund. The balances that were in the fund were distributed to the Infrastructure, Climate and Nature Fund and the Future Ireland Fund.

The final set of financial statements relate to the Ireland Apple escrow fund. They are also cessation accounts and cover the period 1 January 2024 to the winding-up of the escrow fund on 13 May 2025. They received a clear audit opinion.

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