Oireachtas Joint and Select Committees
Thursday, 5 May 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
9:30 am
Mr. Des Carville:
Exactly. The figure the Deputy is looking for as of this morning is approximately €4.6 billion of a gap between the €29.4 billion that went in and the cash we have received whether by way of fees, dividends, share sales. As the Secretary General said, in 2017, we sold €3.4 billion worth of stock. It was the second largest initial public offering, IPO, of stock in the world that year. We took advantage of market conditions at that point in time. Our shareholding in Bank of Ireland has gone from-----