Results 21-40 of 63 for 5 million speaker:Kieran O'Donnell

Saincheisteanna Tráthúla - Topical Issue Debate: Road Projects (2 Dec 2020)

Kieran O'Donnell: .... I feel we have committed to the project as a Government under the national development plan and the Fitzgerald report. The project stands on its own merits on a number of levels. It is a €58 million project. To date, €17 million of taxpayers' money has been spent on the project - wisely, in my view, but nevertheless a third of the money has been spent. The breakdown...

Finance Bill 2020: Second Stage (Resumed) (5 Nov 2020)

Kieran O'Donnell: ...to enable the people to start living in the city. It needs to be looked at again to see how it is working. It is a tax-based scheme. It would be hugely important. I welcome the fact that €10 million was given towards Shannon and Cork airports in the budget. Shannon is vital for the region. I also welcome that funding has been provided for transport initiatives and it would be...

Seanad: Budget 2020: Statements (8 Oct 2019)

Kieran O'Donnell: ...games in the UK which will have a significant impact on people's lives on this island, both North and South, and in the UK. If there is a hard Brexit, it is critical we can move quickly. Under the €1.2 billion fund, €650 million has been allocated for a contingency fund with €220 million to be spent with immediate effect across a range of areas. On top of that,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Kieran O'Donnell: An overall loss of €5 million. Would it be fair to say that the company almost broke even? How are things looking for 2019?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (Resumed) (3 Oct 2019)

Kieran O'Donnell: My next questions are for Aviva and Zurich. In 2018 the normal target margin was 5% but Aviva made 11.4% and Zurich 8.98%. Aviva made superprofits of €33 million and Zurich €12 million, which are 6% and 4%, respectively. Axa was before us, as were FPD and Allianz. In total, the five companies other than AIG made superprofits of over €122 million in 2018. We have...

Seanad: An tOrd Gnó - Order of Business (26 Sep 2019)

Kieran O'Donnell: ...for consideration is Frankfurt, to which Shannon Airport operates flights in the summer months. My view on the matter at this point is that it is imperative that this hub is put in place. In 2005, Dublin Airport had 72% of the air traffic. It now has 87%, Shannon Airport has 4% and Cork Airport has 5%. It is imperative for the employees of Shannon Airport and the people of Limerick,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Sector: Discussion (4 Jul 2019)

Kieran O'Donnell: I am looking at €370 million of premiums written with a net profit of €50 million. I am looking at 50 divided by 370, which is approximately 13.4%. This is the question I am posing. The company representatives say they are looking to make margins of 6% for Allianz, 5% for AXA and 8% approximately for FBD. They have made well above those margins in 2018. Why was some element...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Kieran O'Donnell: ...terms of the capacity of the credit union movement to lend to both the SME sector and the home loan sector. Mr. Molan referred to a point they made, which is that there is a capacity to lend up to 50% of the credit union regulatory reserve, which is just short of €1 billion. Currently, 90%, or €900 million, of that is being lent. They believe there is also capacity in...

Seanad: Budget 2019: Statements (9 Oct 2018)

Kieran O'Donnell: .... Second, it is about improving living standards and dealing with the vulnerable in our society. The Government has raised the point at which people start paying the top rate of income tax by €750 to over €35,000. We have also reduced the 4.75% rate of USC by 0.25%. We are increasing the minimum wage and are making sure that those earning that wage remain outside the tax...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)

Kieran O'Donnell: Is €18 million the figure for redress and €5 million the figure for compensation?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (6 Dec 2016)

Kieran O'Donnell: ...to that of a large member state with a large domestic market. I am referring specifically to Ireland, which has a small open economy. We survive on exports. We have a population of approximately 5 million people. We have a large multinational presence here exporting to European Union member states' markets. Will small member states with their small-scale exports and small domestic...

Seanad: Finance Bill 2016: Second Stage (1 Dec 2016)

Kieran O'Donnell: .... I welcome the fact the rental income for the rent-a-room scheme is being increased. I note that the mortgage interest relief for landlords of rental properties will systematically increase by 5% over the next five years. The rate is currently 75%. The key point is that we must be vigilant to ensure this does not give rise to an increase in rent. This is the underpinning control...

Committee of Inquiry into the Banking Crisis: Nexus Phase (20 May 2015)

Kieran O'Donnell: And can I ask ... you might just explain to people looking in how you ... because that means that you dropped it by not too far off €5 million. That's a significant drop of €7.3 to €2.7 million. Will you explain how that would operate in practice in terms of carrying out the audit and how it was dealt with loans?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Okay. The organisation is worth €5 million, it is taken over, but seven years later those who have taken it over still have not got their act together. How would Mr. Moran feel about that?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Is that the €5 million?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: My understanding is that €5 million is outstanding at the moment overall. How much of that is still due to be collected?

Public Accounts Committee: Special Report 82 of the Comptroller and Auditor General: Financial Management and Reporting for Fishery Harbour Centres (16 Oct 2014)

Kieran O'Donnell: Some €5 million was owed to the centre in June 2013. A bad debt provision of €3 million has been set against this. Am I correct in that assessment?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Kieran O'Donnell: ..., in the opinion of the Central Bank, they should not look to new products or renewing existing Setanta products, such as car insurance, to Irish customers? At this moment, there are claims of €5 million. Does Mr. Sheridan know the value of premiums people paid but did not get the benefit of in terms of cover?

Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)

Kieran O'Donnell: It is €4.5 million of €85 million, so it is roughly 5% of spending and 10% of the number.

Public Accounts Committee: Oversight of Irish Water: Discussion (15 Jan 2014)

Kieran O'Donnell: It is 5%, which is €4.5 million in value. Is it three in terms of the number?