Oireachtas Joint and Select Committees

Thursday, 24 January 2013

Public Accounts Committee

National Transport Authority - Financial Statement 2011

11:50 am

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

On page 50 of the accounts, there is a detailed note on the integrated ticketing system. Earlier we spoke about the cost of it and the Chairman asked Mr. Murphy to send the committee a note. It is intriguing that the cost of the integrated ticketing system in the accounts on 1 January 2011 - on page 50, it is a separate item which is depreciated each year - came in at €40.592 million. That was the opening value of the expenditure. Earlier Mr. Murphy mentioned a figure of €55 million. I ask him when providing the information to tie in the figure of €55 million mentioned here to the figures in the financial accounts.

I have two last quick points.