Oireachtas Joint and Select Committees

Thursday, 18 September 2014

Public Accounts Committee

Business of Committee

10:40 am

Mr. Seamus McCarthy:

My recollection is that the figure is €40 million. I am not sure where the estimate of €50 million comes from, as the figure on the balance sheet is €40 million. The assets are subject to review and there may be administration expenditure that is not being capitalised.