Results 14,941-14,960 of 26,731 for speaker:David Cullinane

Written Answers — Department of Transport, Tourism and Sport: Regional Airports (4 Jul 2019)

David Cullinane: 404. To ask the Minister for Transport, Tourism and Sport the funding provided to regional airports in each of the years 2009 to 2018 and to date in 2019, by airport and funding category, in tabular form; and if he will make a statement on the matter. [28654/19]

Written Answers — Department of Housing, Planning, and Local Government: Urban Renewal Schemes (4 Jul 2019)

David Cullinane: 456. To ask the Minister for Housing, Planning, and Local Government when he expects to allocate further funding under the urban regeneration and development fund; the amount he plans to allocate to progress the North Quays development in County Waterford; and if he will make a statement on the matter. [28642/19]

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: I will ask a quick question. When Mr. O'Kelly discussed risks, he referred to corporate taxation. Are the investors worried that some corporates are not paying enough tax?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: Are they worried about the sustainability of the tax base or that corporates could be taxed more?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: The sustainability of the tax base.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: What is the precise figure for the mountain of debt? Mr. O'Kelly said it was €200 billion.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: How does that break down? I imagine that some of it is legacy debt from before the crash. Then there was the bank recapitalisation. We also had to borrow money for day-to-day revenue spending during the austerity years. Even in broad terms, does Mr. O'Kelly have a breakdown of what constitutes the €205 billion? How much of it is the legacy of the austerity years as opposed to the...

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: Before the crash, was the debt approximately €40 billion? It is now €205 billion.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: The vast majority of it is crash or austerity era related either through bank recapitalisation or servicing State expenditure.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: When revenues collapsed. Is that correct?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: Mr. O'Kelly mentioned the banks. Two banks that received a great deal of taxpayers' money were Bank of Ireland and AIB. How much went into both? Is there a breakdown of how much went into each or does Mr. O'Kelly only have the figure for what went into the banks overall?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: In terms of Bank of Ireland and AIB, we got a return in shares.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: How much did we put in and what have we got back in share value?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: What is the figure? I am sorry, as it is not up on the screen yet.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: What is our total share value in both banks?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: What about in monetary terms?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: Was there a drop in the share values of AIB and Bank of Ireland in the last year?

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: By how much did it reduce our-----

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: We put all of this money into the banks and got shares back, but in one year alone the value of the State's shareholding has dropped by over €3 billion.

Public Accounts Committee: 2017 Annual Report of the Comptroller and Auditor General
Chapter 21 - Accounts of the National Treasury Management Agency
National Treasury Management Agency Financial Statements 2018 (4 Jul 2019)

David Cullinane: It might reflect the market, but it also reflects the fact that the taxpayer lost €3 billion because these companies' share prices dropped. In current value terms, is the State potentially down €3 billion because the share prices of both banks dropped?