Written answers
Tuesday, 24 September 2013
Department of Finance
Budget Measures
Michael McGrath (Cork South Central, Fianna Fail)
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198. To ask the Minister for Finance the amount of the €100 million in additional dividend from State companies provided for in the 2013 budget adjustment that has been received; if he expects the full amount to be received before the end of the year; and if he will make a statement on the matter. [39562/13]
Michael Noonan (Limerick City, Fine Gael)
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As part of the €3.5 billion consolidation measures announced in Budget 2013, €100 million of those measures related to increased dividend payments to the State. The end August 2013 Exchequer returns show that the dividend payments of €132.3 million, have increased by 54% year-on -year.
With the substantial increase in dividends received in the year to date, the amount specified in Budget 2013 is likely to be received by year end.
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