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Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: Galway Greyhound Stadium limited has a profit of €169,850 and a loss of €233,645 - an overall loss. Is that right?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: The Kingdom Greyhound Racing Company limited has a profit of €130,000 and a loss of €135,000 so, again, there is a loss.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: Shelbourne Greyhound Stadium has a profit of €725,000 and a loss of €174,000 so there is a significant profit there. The final three - Waterford, Youghal and Mullingar - all had losses.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: In the case of Youghal, the loss was very significant.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: Where is Harold's Cross - the Dublin Greyhound and Sports Association - in that? What was its profit?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: And the loss?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: So what was the profit?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: I am looking at a loss relating to food and beverages and losses on the part of Galway Greyhound Stadium limited, the Kingdom Greyhound Racing Company limited, Limerick Greyhound Racing Track limited, Waterford Greyhound Race Company (1953) limited, Youghal Greyhound Race Company limited and Mullingar Greyhound Racing Company limited One of the only profit-making companies is the one that...

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: Is it making a loss or a profit?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: I am asking Mr. Meaney whether it was making a loss or profit? Mr. Meaney is talking about two venues. I am looking at the annual report for 2015 in respect of Shelbourne Park and Harold's Cross.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: Yes.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: I accept it is Mr. Meaney's view that this made commercial sense and he is giving his justification. Mr. Meaney's justification is that it does not make commercial sense to have Shelbourne and Harold's Cross operating so close to each other.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: That is irrelevant. Let me put the question, please.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: If I can put the question, please, Mr. Meaney. If he can show a bit of patience please, I will make my point. I put to Mr. Meaney - I am only working off the 2015 accounts - that what I see is a very significant profit for Shelbourne and a very significant profit for Harold's Cross. How can Mr. Meaney reconcile very significant profits being made by the two tracks with his statement that...

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: Mr. Meaney can take up all the time in the world he wants to answer the question now.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: Does Mr. Meaney understand how the Committee of Public Accounts works? Does he understand what our function is here?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: Can Mr. Meaney give me his understanding of that?

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: Mr. Meaney is the chairperson of an organisation that is funded through the taxpayer.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: When Mr. Meaney is asked a question - I do not want to hear from any witness who comes before the Committee of Public Accounts that he or she will be brief because there is no point in being anything else - he is here as the chair of an organisation that is funded by taxpayers' money to answer questions.

Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)

David Cullinane: Mr. Meaney can have as much time as he possibly needs. At times there will be a need for us to interject, but Mr. Meaney has as much time as he needs. Mr. Meaney and his colleagues needs to understand they are here to answer questions.

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