Results 7,401-7,420 of 8,196 for speaker:Peter Burke
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: What is the position regarding the asset in Cork?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: What is the value on that? Is there an estimate?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: How much did the board get for the site in Limerick? The board paid down debt in 2015 with it. Is that correct?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: It turns up again, with all the wages and so on. We see issues with Meelick. Obviously, Bord na gCon is prioritising Harold's Cross because it is seen as a cash generator. Do we know how much of the debt of Bord na gCon that could potentially alleviate?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: We are not allowed to know that either. Is that the case?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: We are talking about discharging one of the income generators, but it is rather difficult for us to judge the extent of the contribution it will make to the sustainability of the industry or whether it will be significant.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: I understand that is the final step. Has the board adhered to best practice and robust procedures in the context of an asset of a semi-State body that is being put up for sale?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: We cannot get a proportion or estimate of what debt it may relieve. Is that the case? I presume Bord na gCon has been in negotiation with the bank on the matter. Is that the case?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: When we compare it to the country, the critical difference is that the country put in place several incentives in key areas to try to kick-start the economy. I do not see the board putting any incentives into ground racing. I see the board cutting prize money. I see the board taking a larger share of the tote retention. In other words, what I see happening is that the board is saying that...
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: It is stated on page 19 that total prize money and incentives come to €6.67 million but the figure was €7.5 million in 2014.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: Yes.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: Bord na gCon is cutting the prize money that it is putting into the industry.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: Can Mr. Murnane explain why this figure has been reduced?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: Is Bord na gCon cutting race numbers?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: Earlier, I referred to a figure of €6.6 million that was down from €7.543 million. What is that reflective of? I am missing the point.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: What was the contribution from Bord na gCon in 2014?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: What was the reason for that figure going down?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: The number of race meetings was reduced. Is that correct?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: Either it is decreasing or increasing. I am getting confused.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
Peter Burke: How far advanced are we in having figures for 2016?