Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance further to the commitment made by National Asset Management Agency to calculate a provision for impairment twice a year, to quantify the provision for impairments made by NAMA for the six months ending 30 June 2012 as contained in the second quarter 2012 accounts which were due to be submitted to him by 30 September 2012. [42680/12]

Michael Noonan (Limerick City, Fine Gael)
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The details sought by the Deputy are set out in NAMA's Section 55 Quarterly Accounts for the three months ending 30th June 2012, which are currently being considered by Government and will be laid before the Houses of the Oireachtas in due course.

Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance if he will provide an estimate for the financial outturn at the National Asset Management Agency for the 12 months ending 31 December 2012 to include the estimated provision for impairment and the profit before tax. [42681/12]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by the National Asset Management Agency (NAMA) that it does not publish estimates of financial outturn prior to the closure of accounts and the production of the statement of accounts.

In this regard, NAMA advises that the year-end provisioning exercise can only be completed by reference to the loan balance at 31st December 2012 and circumstances that will pertain at that time as required under IFRS. NAMA further advises that variables such as the fair value of derivatives and foreign exchange movements will have to be taken account of at that time.