Shane Ross (Dublin South, Independent)
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To ask the Minister for Finance the number of company vehicles driven by employees in the National Treasury Management Agency; the cost of the purchase of such vehicles; the running costs of these vehicles; and if he will make a statement on the matter. [3593/13]

Michael Noonan (Limerick City, Fine Gael)
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I have been advised by the National Treasury Management Agency, NTMA, that twenty-four of its five hundred employees, including staff employed on work relating to the State Claims Agency, NAMA and the National Development Finance Agency, are provided with company cars as part of their overall remuneration package. Company cars are a taxable benefit and no pension entitlement accrues in respect of such a benefit. The NTMA has two further cars which may be used by employees for work-related travel. The average cost of these vehicles was €38,155. The average age of the vehicles is four years and their average written down value at 31 December 2012 was €7,986. The average running cost in 2012 was €5,394.