Results 18,101-18,120 of 26,430 for speaker:David Cullinane
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: So we cannot say whether it was bad judgment but there was certainly incompetence on the part of somebody because the full information was not given to the board. Would Mr. Murnane agree with that?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: I would label that incompetence. I would see €1.4 million as a very significant amount of money so I would see it as incompetence. I will move to the sale of Harold's Cross. Will Mr. Meaney reread the fourth paragraph on page 2 of his opening statement, starting with the decision to sell Harold's Cross?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: What does not make commercial sense?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Did it make commercial sense to sell Harold's Cross?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Could I get Mr. Meaney to turn to the-----
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Mr. Meaney spoke earlier about tough decisions.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: There is a difference between tough decisions and the right decisions. Our job is to investigate, examine and interrogate decisions that were made. We can then pass judgment on whether they were the right decisions. I am not saying this was the wrong decision but it is my job to examine. That is all we are going to do so we will examine whether it was the right decision or at least we...
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: I accept that. Could Mr. Meaney turn to page 45 of the 2015 annual report? Are we on the same page?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: We can see the tote profit and the track profit and loss in each of the different tracks. What is Abargrove Ltd?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: The food and beverage side of it. The profit is €64,000 while the loss is €307,912. Is that correct ? Am I reading it right? Does Mr. Murnane want to take this part?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: So what is the loss?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: But it is a loss?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Cork Greyhound Race Company limited has a profit of €310,015 and a loss of €221,522 - a profit of approximately €90,000. Is that right?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Galway Greyhound Stadium limited has a profit of €169,850 and a loss of €233,645 - an overall loss. Is that right?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: The Kingdom Greyhound Racing Company limited has a profit of €130,000 and a loss of €135,000 so, again, there is a loss.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Shelbourne Greyhound Stadium has a profit of €725,000 and a loss of €174,000 so there is a significant profit there. The final three - Waterford, Youghal and Mullingar - all had losses.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: In the case of Youghal, the loss was very significant.
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: Where is Harold's Cross - the Dublin Greyhound and Sports Association - in that? What was its profit?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: And the loss?
- Public Accounts Committee: Bord na gCon: Financial Statements 2015 (4 May 2017)
David Cullinane: So what was the profit?