Written answers

Tuesday, 13 December 2005

11:00 pm

Photo of Jim O'KeeffeJim O'Keeffe (Cork South West, Fine Gael)
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Question 75: To ask the Minister for Finance the general policy which he advocates regarding dividend payments by commercial State companies. [38830/05]

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)
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The question of dividend payment is a matter for the board of each company. I would expect the board would give due consideration to the views of the shareholder on the issue of dividends in the context of its deliberations on that matter. Expectations relating to dividend receipts vary from company to company depending on the company's financial position generally, its capital investment requirements and so forth.

Company Dividend Payments Received by the Exchequer (€000)
Bord Gáis Éireann 10,093
Electricity Supply Board 73,543

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