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.