Oireachtas Joint and Select Committees

Thursday, 18 April 2013

Public Accounts Committee

2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 30 - Communications, Energy and Natural Resources
Chapter 20: Broadcasting Fund
Broadcasting Fund Financial Statements 2011
Broadcasting Authority of Ireland Financial Statements 2011

12:20 pm

Photo of Robert DowdsRobert Dowds (Dublin Mid West, Labour)
Link to this: Individually | In context | Oireachtas source

I have a few specific questions. I understand the broadcasting fund has reserves of approximately €22 million - that is the end of 2011 figure. Where are the funds held, how do they stand and why are those level of reserves maintained?