Oireachtas Joint and Select Committees

Wednesday, 2 December 2020

4:30 pm

Mr. Seamus McCarthy:

Yes, it is audited by my office and, in fact, the financial statements for Abargrove are available for 2019. There are two other subsidiaries. One is Shelbourne Park and while I cannot remember the name of the other, it is the other eight stadia. Together with Bord na gCon, they form a group, so the group audit pulls it all together, if one likes. There may be the appearance that things are losing money, but they are actually being cross-subsidised by other parts of the organisation.