Oireachtas Joint and Select Committees

Thursday, 7 July 2016

Public Accounts Committee

Work Programme

9:00 am

Mr. Seamus McCarthy:

Off the top of my head, I cannot tell the Deputy how many are in deficit, but four or five have themselves drawn attention to the fact in their financial statements that, on the basis of a going concern, they would be in difficulty if the situation continued. Some might have reserves built up that absorb losses for a year or two.