Oireachtas Joint and Select Committees

Thursday, 18 September 2025

Public Accounts Committee

Business of Committee

2:00 am

Mr. Seamus McCarthy:

I will continue.

No. 23 is the Health Information and Quality Authority financial statements for 2024. These received a qualified opinion. Again, it is on the basis that the accounts give a true and fair view except that they account for cost of retirement benefit entitlements only as they become payable. No. 24 is the Health Products Regulatory Authority for 2024. Again, it received a qualified opinion. The accounts give a true and fair view, except in relation to retirement benefits. No. 25 is the Nursing and Midwifery Board of Ireland for 2024. Again, this received a qualified audit opinion on the same basis, and only to that extent. No. 26 is the National Haemophilia Council for 2024, which received a clear audit opinion.

Moving on to other State bodies and funds, No. 27, the accounts of Enterprise Ireland for 2024, received a clear audit opinion. No. 28, the Commission for Railway Regulation for 2024 received a clear audit opinion. No. 29, the Environmental Protection Agency for 2024 received a clear audit opinion. No. 30, the National Standards Authority of Ireland for 2024 received a clear audit opinion. No. 31, Rásaíocht Con Éireann for 2024 received a clear audit opinion. The next four items, Abargrove Limited, Greyhound Racing Operations Ireland, Shelbourne Greyhound Stadium Limited, and the Irish Retired Greyhound Trust are all subsidiaries of Rásaíocht Con Éireann. Their financial statements for 2024 all received clear audit opinions.

No. 36, the Industrial Development Agency Ireland, for 2024, received a clear audit opinion. No. 37, An tSeirbhís Oideachais Leanúnaigh agus Scileanna, or SOLAS, for 2024, received a clear audit opinion. No. 38, the Charities Regulatory Authority for 2024 received a clear audit opinion. No. 39 is a fund managed by the Charities Regulatory Authority called the charity funds. Those accounts received a clear audit opinion. No. 40 is the National Transport Authority for 2024. Those received a clear audit opinion. However, I draw attention to the delay and cost overrun of the national train control centre. This was originally due to be commissioned by March 2025. The current estimated commissioning date is March 2028. The original project budget was €148 million. The current estimated outturn cost for the project is €189 million, which is a cost overrun of €41 million, or 28%. The main part of this an ICT-based system that needs to be brought into use.

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