Oireachtas Joint and Select Committees

Thursday, 23 March 2023

Public Accounts Committee

2021 Financial Statements of Enterprise Ireland: Discussion

9:30 am

Mr. Kevin Sherry:

Over the past ten years, we have made commitments of €479 million to 32 funds. Not all of those commitments have been drawn down as of yet. Some €361 million of the funds has been drawn down. There has been €304 million paid back to Enterprise Ireland and the residual value Enterprise Ireland has in those funds is €306 million. That is the 2022 estimate figure. It is not the final figure.