Arthur Morgan (Louth, Sinn Fein)
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Question 759: To ask the Minister for Enterprise, Trade and Employment the average cost per job of jobs created by Enterprise Ireland in 2004 and 2005. [1778/06]

Micheál Martin (Cork South Central, Fianna Fail)
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The issue of job creation by companies supported by the enterprise development agencies is a day-to-day matter for the relevant agencies, and not one in which I am directly involved. Average cost per job is calculated by taking into account all direct agency expenditure on Enterprise Ireland client companies. Only jobs created during, and sustained at the end of, each seven-year period are represented in the calculations.

Accordingly, the average cost per job created in companies with assistance from Enterprise Ireland in the period 1998-2004 was €7,956. an average cost per job for the period 1999-2005 cannot be calculated until such time as Enterprise Ireland's 2005 financial statements are fully audited by the Comptroller and Auditor General, as required under section 22 of the Industrial Development (Enterprise Ireland) Act 1998. Average cost per job for 2005 will be published in Enterprise Ireland's annual report, which is expected to be released by mid-2006.