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Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: It is on page 93. There is a figure of €18.9 million for knowledge transfer operational income.

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: Someone who is familiar with the document will know.

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: Where is that shown?

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: Which forms part of the sum of €18.9 million.

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: I am looking at the figures and need a little help with them in order that people will be able to understand them. I am looking at page 93 which shows that the operational income of the knowledge transfer section was €18.9 million. If I turn to page 95 and look at the analysis of general operating expenses, the knowledge transfer box includes a sum of €13.6 million. Am I...

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: I am on the same topic.

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: Therefore, it is not an exact comparison. Will Professor Boyle fill in the picture for me?

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: Where is the pay figure associated with that activity?

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: What is the associated pay figure in respect of knowledge transfer?

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: The sum of €31.19 million.

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: Will Professor Boyle send us a breakdown of the operational income of the knowledge transfer unit? Will he break it down between advice and education and salaries?

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: Expenditure also.

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: Just in order that we can get a feel for it. We have mentioned that the profit figure was down significantly. I recall that the operating surplus was down from approximately €8 million to €5 million. I am trying to figure out where in the divisions - operations, knowledge transfer and research - the reduction in profit occurred, as in the case of income, salaries and...

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: I am not querying the figures, but I am asking the question as someone who is not as familiar with the accounts as Professor Boyle is.

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: Some believe farmers are not benefiting fully from the income received if Teagasc is on a drive to increase profitability or activity when it is meant to break even.

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: Does Professor Boyle understand what people might think?

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: I know that. Professor Boyle can send-----

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: I will call it a breakdown that a non-Teagasc person could understand. I will put it that way. The third item on page 95 is rents, rates and insurance. Where is Teagasc renting? Are there some situations where Teagasc rents premises? Is there much paid in rent? Will Professor Boyle give us a breakdown of the rents paid and the location of premises?

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: Professor Boyle can send us a schedule indicating what is paid in rent.

Public Accounts Committee: Teagasc Financial Statements 2017 (4 Oct 2018)

Seán Fleming: Why is Teagasc renting land if it has 1,800 ha available?

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