Written answers
Thursday, 19 July 2012
Department of Enterprise, Trade and Innovation
Enterprise Support Services
5:00 pm
Kevin Humphreys (Dublin South East, Labour)
Link to this: Individually | In context
Question 323: To ask the Minister for Jobs, Enterprise and Innovation of the €329,234,000 earned from the proceeds of sales of companies in which Enterprise Ireland invested between 2000 and end of 2011 is this inclusive of the original investment; the total sum of investments made by Enterprise Ireland in that period; if he will provide a breakdown of amount invested by year; and if he will make a statement on the matter. [36874/12]
Richard Bruton (Dublin North Central, Fine Gael)
Link to this: Individually | In context
The figure of €329,234,000 earned by Enterprise Ireland from the proceeds of sales of companies is inclusive of the original investment.
The total sum of investments made by Enterprise Ireland in that period amounted to €369,389,000.
Details of the amounts invested by Enterprise Ireland from 2000-2011 and the Profit/Loss on disposal of Investments 2000-2011 are set out in the attached tabular statements.
Table 1: Amounts invested by Enterprise Ireland from 2000-2011
Year | No. of Companies | Cost of Investment€'000 |
2011 | 201 | 35,224 |
2010 | 184 | 44,453 |
2009 | 217 | 74,002 |
2008 | 105 | 30,702 |
2007 | 101 | 23,679 |
2006 | 89 | 25,033 |
2005 | 92 | 21,509 |
2004 | 101 | 25,648 |
2003 | 102 | 22,774 |
2002 | 97 | 16,916 |
2001 | 121 | 29,429 |
2000 | 99 | 20,020 |
TOTAL | 1,509 | 369,389 |
Table 2: Profit/Loss on disposal of Investments 2000-2011
Year | Sales Proceeds€'000 | Cost of Disposals€'000 | Profit/(Loss)€'000 |
2011 | 32,016 | 24,970 | 7,046 |
2010 | 14,685 | 16,444 | (1,759) |
2009 | 9,105 | 18,582 | (9,477) |
2008 | 14,531 | 20,587 | (6,056) |
2007 | 18,974 | 28,793 | (9,819) |
2006 | 19,886 | 14,649 | 5,237 |
2005 | 32,874 | 12,027 | 20,847 |
2004 | 13,143 | 7,495 | 5,648 |
2003 | 11,642 | 6,722 | 4,920 |
2002 | 12,025 | 7,047 | 4,978 |
2001 | 49,552 | 11,036 | 38,516 |
2000 | 100,801 | 8,265 | 92,536 |
TOTAL | 329,234 | 176,617 | 152,617 |
No comments