Oireachtas Joint and Select Committees

Thursday, 21 September 2023

Public Accounts Committee

Business of Committee

9:30 am

Mr. Seamus McCarthy:

It is trading activity. These companies are running the cash aspects of the business. There would obviously be a tote as well, and they would be going through these companies. They are all consolidated into the financial statements of Rásaíocht Con Éireann. All of that income is recognised in the parent company.