Written answers

Wednesday, 20 July 2011

Department of Transport, Tourism and Sport

Rail Network

10:00 pm

Photo of Joan CollinsJoan Collins (Dublin South Central, People Before Profit Alliance)
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Question 330: To ask the Minister for Transport, Tourism and Sport the annual subvention to Irish Rail; and the way this is divided between track, rolling stock, services and fuel. [21457/11]

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)
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The Exchequer subvention paid to Irish Rail in 2010, through the National Transport Authority, was €155.137 million. The 2011 subvention is expected to be €147.42 million.

Irish Rail is required to keep and publish annually separate profit and loss accounts and balance sheets, on the one hand for business relating to the provision of rail transport services, and, on the other, for business relating to the management and maintenance of the railway infrastructure. The accounts are required to reflect the prohibition on State aid granted for the provision of transport services by Irish Rail transferred for use in the management of the railway infrastructure. Irish Rail's Annual Report and Financial Statements for year ended 31 December 2010 have recently been published and are available on the CIE website at www.cie.ie and copies have also been placed in the Dáil Library.

A detailed note on the allocation of State grants and the relevant EU Regulations governing State Aid is included in the Annual Report - see Note 8 of the 2010 Accounts.

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