Oireachtas Joint and Select Committees

Thursday, 24 January 2013

Public Accounts Committee

National Transport Authority - Financial Statement 2011

11:40 am

Mr. Gerry Murphy:

Essentially, a 3% interest rate applied in respect of the moneys in question. The taxi surplus of which we were availing had fallen to €17.6 million by the end of 2011 and the moneys we were holding from that fell to €15.4 million by the end of 2012. It is gradually depreciating.