Oireachtas Joint and Select Committees

Thursday, 20 November 2025

Public Accounts Committee

Exceptional Funding of the Peter McVerry Trust: Discussion

2:00 am

Mr. Ger Mullen:

The depreciation policy is, we depreciate the assets every year, and for properties it is 2%. The policy does not state that we revalue all our properties every year to market value. We will look it if there are possible impairments but we do not revalue to market value every year. It would be a huge task and a very expensive task. The policy we have-----

Comments

No comments

Log in or join to post a public comment.