Dáil debates

Wednesday, 22 March 2017

2:15 pm

Photo of Shane RossShane Ross (Dublin Rathdown, Independent) | Oireachtas source

The figures for 2017 will be decided at a later date. In respect of the figures for 2016, a total of €9.4 million, we have not seen the accounts because they will not be published until such time as they are ready. The Deputy can be certain that the figures are very high, and completely and utterly unacceptable. As Deputy Troy said, the figures are verging on reckless trading.

Management is very conscious of the fact we must ensure we are not running into a situation in 2017 where it is trading in a reckless manner, which is to trade while insolvent. That is vitally important and something my Department and I are watching closely. I cannot tell the Deputies what the accounts will say because they have not yet been published. However, they will be published and the figures will be dramatically unacceptable and bad.

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