Oireachtas Joint and Select Committees
Thursday, 7 November 2013
Public Accounts Committee
Bord na gCon - Annual Accounts 2011
12:10 pm
Seán Fleming (Laois-Offaly, Fianna Fail)
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Therefore, what Mr. Murnane is really saying is that while the freehold value is in there at cost, it is being based on future income potential. That is what the accounts are showing.