Results 12,481-12,500 of 26,512 for speaker:John McGuinness
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: The Department is aware of the reasons and the concerns.
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: Did the Department react to that?
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: Okay. I turn to the committees of Bord na gCon. There is a control committee and an independent control appeals committee.
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: I move then to technology and the new platform that was described. Bord na gCon has set out its business plan for that and is presumably following it. Is there confidence so far in the plan absolutely succeeding or is there a need for a plan B?
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: As such, Bord na gCon is following the developments in the industry.
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: What kind of costs are involved in embarking on something like that?
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: Roughly and taking in all those figures, what is it?
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: Is that to do this?
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: Is that to be there and then it is €350,000 a year thereafter?
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: I move on to costs. Again, this is the 2014 accounts. How was the figure for goodwill arrived at?
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: The figure is €17,200.
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: Is it an income? Is it a real figure?
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: Okay.
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: I move to the tangible assets. Has the board had them valued recently? How was the figure arrived at? It is €62,890.
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: As such, it is tested year on year.
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: The bank advances are €620,000 for 2014 and €577,000 for 2015. What is that?
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: Is that two overdraft facilities?
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: What are those two figures on page 35? It refers to bank advances of €620,475.
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: I am coming to that, yes.
- Public Accounts Committee: Bord na gCon Financial Statements 2014 (26 Nov 2015)
John McGuinness: The board has a loan of €22 million and an overdraft facility that sometimes runs at €577,000 and in 2014 was €620,000.