Oireachtas Joint and Select Committees
Thursday, 7 February 2013
Public Accounts Committee
2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 32 - Department of Transport, Tourism and Sport
Chapter 6 - Financial Commitments Under Public Private Partnerships
Chapter 26 - Collection of Motor Taxation
Financial Statements 2011 - National Roads Authority
1:00 pm
Mr. Tom O'Mahony:
I can tell you what the expected loss is for 2013. An operating deficit of approximately €28 million is expected in 2013. Over the course of a year, that would be less than €500,000 a week, but it would be more than that currently, because many of the cost reduction measures which will kick in during the year are still under negotiation with the unions.