Seán Fleming (Laois, Fianna Fail)
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There is a qualified audit opinion on UCC's 2015 account. There is recognition by the university of expected future Exchequer funding of €15.9 million in respect of pension added year commitments, which the Department of Education and Skills has refused to fund. The next item on the audit opinion refers to the non-consolidation of the UCC trust fund, worth €12 million at the reporting date. That matter will be dealt with as part of the work programme. In addition, attention is drawn to the non-consolidation of Cork University Foundation, which has accumulated reserves of €6 million.

Will the Comptroller and Auditor General tell me, while there are foundations that we all know about, if there are separate trust funds?