Gerry Adams (Louth, Sinn Fein)
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To ask the Minister for Finance further to Parliamentary Question No. 70 of the 28 November 2012, the reason it is the case that the increase in pay for Irish Bank Resolution Corporation employees which according to the Chairman of Anglo Irish Bank in his statement in the Oireachtas Committee on Finance, Public Expenditure and Reform on 31 October 2012, was for a limited number of persons is not readily available; if he will confirm if this information which covers evidently only a limited number of persons is now readily available; if the information about current and increased salaries is not available if he will confirm the total number of limited persons who received a pay increase as referred to by the Chairman of IBRC; and if he will make a statement on the matter. [55916/12]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by IBRC that a large volume of information regarding remuneration structures across the Bank has been recently supplied as part of the Mercer Remuneration Review as commissioned by the Department of Finance. This information is currently being analysed as part of the review. I have committed to publishing the details underpinning the review in view of the public interest in the matter. The report will provide a comprehensive and professional analysis of remuneration structures and levels across the Covered Banks both now and before the onset of the banking crisis.

Gerry Adams (Louth, Sinn Fein)
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To ask the Minister for Finance further to Parliamentary Question No. 72 of the 28 November 2012, if he will detail the cumulative salary cost to Irish Bank Resolution Corporation for the estimated 230 full-time people in IBRC working on the National Asset Management Agency portfolio for 2010, 2011 and projected for 2012; and if he will make a statement on the matter. [55917/12]

Michael Noonan (Limerick City, Fine Gael)
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I have been informed that it is not IBRC practice to separately breakdown the staffing cost element of its recharge to NAMA. As disclosed in the Bank’s 2012 Interim Report a total of 256 people either work directly in or provide support to the Bank’s NAMA unit. IBRC’s 2012 Interim Report, which covers the period from January to June 2012, disclosed that NAMA were charged €15m in relation to the servicing of loans acquired from the Bank. The corresponding charge for IBRC for 2011 was €28m (includes former INBS for H2 2011) and for the former Anglo Irish Bank for 2010 was €7m. The figures quoted include all costs, including staff costs, incurred in servicing this loan portfolio.