Oireachtas Joint and Select Committees
Thursday, 30 June 2016
Select Committee on Housing, Planning and Local Government
Estimates for Public Services 2016
Vote 34 - Environment, Community and Local Government (Revised)
9:00 am
Simon Coveney (Cork South Central, Fine Gael)
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No. In terms of what is meant by "equity" and what is meant by "debt", equity is capital input. Equity is €184 million from the Minister for Finance in 2016 and the balance is from debt and other revenue charges. That is debt that has been raised by Irish Water from various sources. Within the charges, there is an Irish Water subvention of €479 million and a working capital loan of €58 million, which gives the total of €537 million for this year.