Results 4,761-4,780 of 19,173 for speaker:Shane Ross

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: Was it €70,000?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: What was it? How does Ms Kerins know it was not-----

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: Does Ms Kerins not know what her bonus was?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: That is fine. I have no purpose-----

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: Yes.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: I thank the Chairman.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: That is a perfectly reasonable suggestion. Can she provide it to us?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: I do not understand what is booked to what in the company. We are talking about the National Learning Network, RehabCare and the Rehab Group. Are all senior salaries in global terms all booked to the Rehab Group? Are they all charged to it?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: The companies are wholly owned subsidiaries. In what financial state is RehabCare?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: The accounts say that is the only reason it is a going concern. It is dependent on the continued financial support of the Rehab Group.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: It is a basket case if it is not supported by the Rehab Group.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: The financial statements say that the ability of the company to operate as a going concern is dependent on the continuing financial support of the Rehab Group. On its own, it would not survive.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: Yes, but the loans are there.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: That brings me on to my next question. No. 17 on the RehabCare accounts refers to the directors having availed of the exemption on financial reporting standard No. 8, related party disclosures, which permits qualifying subsidiaries and undertakings not to disclose details of transactions between wholly owned group entities that are eliminated on consolidation and that there were no other...

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: Can Ms Kerins expand on that? What are the related party disclosures?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: Including the value.

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: Does Ms Kerins have no idea what it is?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: Is it normal for there to be a large number of related party disclosures in Rehab?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: It is an important issue. Can any of Ms Kerins's colleagues help?

Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)

Shane Ross: I take it I will be provided with details.