Kevin Humphreys (Dublin South East, Labour)
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Question 256: To ask the Minister for Transport, Tourism and Sport the Exchequer funds given to CIE in 2010 excluding funds given to its subsidiaries; the administrative cost of CIE excluding Dublin Bus, Bus Éireann and Irish Rail; his views on the role of CIE in view of the fact that each subsidiary has its own chief executive; and if he will make a statement on the matter. [19252/11]

Leo Varadkar (Dublin West, Fine Gael)
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The company's Annual Report & Financial Statements for year ended 31st December 2010 have recently been published and are available on the CIÉ website at www.cie.ie and copies have also been placed in the Dáil Library. Exchequer funds for subvention and infrastructure paid to CIÉ in 2010 relate entirely to the subsidiaries and are outlined in note 9 to the 2010 Accounts.

Total expenditure incurred by the CIÉ holding company (including CIÉ Tours) amounted to €45.113m in 2010 (see note 1 to the Accounts dealing with the breakdown of activities in CIE and its subsidiaries).

I recently announced the appointment of new Chairpersons to CIE and Dublin Bus, Bus Eireann and Iarnród Eireann. As part of the new governance model for the CIE Group the chairpersons of Dublin Bus, Bus Eireann and Iarnród Eireann have also been appointed to the CIE Board. In the interest of the future development of the CIE Group, I envisage CIÉ overseeing good corporate governance and the strategic direction of the CIE Group whilst encouraging commercial autonomy and efficiency within the subsidiaries.