Oireachtas Joint and Select Committees

Thursday, 12 February 2015

Public Accounts Committee

2013 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
IDA Ireland - Financial Statement 2013
Enterprise Ireland - Financial Statement 2013

10:00 am

Photo of Shane RossShane Ross (Dublin South, Independent)
Link to this: Individually | In context | Oireachtas source

From memory, it says in the annual report that €39 million was invested and there was a loss of €18.664 million in 2013. In 2012 the figure was €25 million, with a loss of €9.9 million. Is that right? Some of that is obviously TVC Holdings, not all of it, maybe, but some of it. It was not clear from the 2013-2012 report what that was specifically, but those are pretty heavy losses.