Oireachtas Joint and Select Committees
Tuesday, 9 October 2012
Public Accounts Committee
Vote Management and Budgetary Situation in 2012: Discussion with Department of Health and HSE
6:00 pm
Mr. Liam Woods:
What the Vote report is saying, as the CEO is reflecting, is that there is a real Vote issue at the end of September of €374 million. That is akin to cash utilisation or a very close approximation to cash utilisation. That is made up of a couple of key components. There is a €303 million problem of what we would call the gross current expenditure, which is the spend by the system, and there is a €69 million problem in cash collection associated with income. There is a small surplus in capital, which is offsetting, which is giving-----