Written answers
Tuesday, 25 January 2011
Department of Finance
State Bodies
8:00 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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Question 187: To ask the Minister for Finance the number of semi-State bodies that fall under his auspices; the annual turnover of each body and the losses incurred over the past five years. [3406/11]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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There are three bodies under the aegis of my Department which can be classed as semi-State bodies. Details of these bodies are as follows: Anglo Irish Bank since its nationalisation in January 2009 has been deemed a semi state body. On 31st March 2010 it published its 2009 Annual Report and Accounts for the fifteen month period to 31 December 2009 which showed a loss for the period of €12.7 billion. The bank also published interim results for the six month period to 30 June 2010 showing a loss for the period of €8.2 billion.
On 31 March 2010, I assumed control of Irish Nationwide Building Society and it therefore became a commercial body under the aegis of the Minister. The Society has and continues to produce and publish its annual accounts in accordance with the requirements of the Building Societies Act. In 2009, the Society posted a loss of €2.5 billion.
The annual turnover and surplus of An Post National Lottery Company in the most recent five years for which accounts are available are outlined in the following table:
Year | Turnover | Surplus |
2005 | €616.442 million | €203.205 million |
2006 | €679.069 million | €217.526 million |
2007 | €778.489 million | €245.480 million |
2008 | €840.081 million | €267.756 million |
2009 | €815.101 million | €263.501 million |
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