Oireachtas Joint and Select Committees

Thursday, 6 July 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

Okay. A topic that came up over the year on a couple of occasions is the issue of contingent assets and contingent liabilities. We have been told here that contingent liabilities do not really feature and that this is not a priority for the Department to include in the national balance sheet, and the Department is saying that EUROSTAT does not really get into it. However, what contingent liabilities are on the State balance sheet? Is that information in the report?