Results 2,161-2,180 of 34,585 for speaker:Seán Fleming

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Mr. Breslin is adding figures up in his head and I am not with him. To come back to the figures for 2019, 2020 and 2021, what is the total in the capital plan?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: The figure for this year is €642 million. What was the Department's payment to the National Paediatric Hospital Development Board this year? The Oireachtas grant was €128 million.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: For 2018. What has the Department allocated to the NPHDB for construction for this year?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: It is obviously more than last year. The amount is cranking up and I can understand that. Page 26 refers to total capital commitments in the future. The money for 2018 has been paid. Mr. Gunning stated the board's balance sheet at the end of December last year showed contracted capital commitments to be paid within one year, which means in 2019, of €265 million. They are not in...

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Based on how the board is phasing the works, Mr. Gunning is saying that in 2019 when he finished the audited accounts, which were only signed off a few weeks ago, contracts had been entered into that he expected to be paid in 2019 of €265 million. Is that a correct reading of the position? It might not turn out exactly that way.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: I am taking the figures from the audited financial statement.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: There might be a slight difference.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Yes.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: It was a couple of weeks ago. Fine.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Starting into 2019, it was expected that €265 million would be paid in respect of contracts entered into-----

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: -----as part of the project. That money would come from the board. Is that correct?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Okay. We are agreed. It would be something close to €265 million. I now move to the period "between one and two years". This refers to figures for after the end of 2019 but before the end of 2020. The accounts were finished at the end of 2018. Year one would have been 2019. Is that correct?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: The period between one and two years would be 2020. That is what the document indicates. Is that correct?

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: That is not what the document indicates.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: This is meant to be "between one and two years".

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: Fine. The witnesses can see why the figure is alarming me. The published audited accounts indicate, in layman's language, that these payments are to be made in 2020 but Mr. Gunning is now telling me this should be 2020 and 2021. It should cover between one and three years.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: We are taking the figure as wrong. It is between one and two years. Mr. Gunning is saying it is between one and three years.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: I am coming to that. We have covered year one.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: The next line refers to payments between year one and year two.

Public Accounts Committee: National Paediatric Hospital Development Board: Financial Statements 2018 (5 Dec 2019)

Seán Fleming: That is after year one.