Written answers

Thursday, 20 February 2014

Department of Finance

Semi-State Bodies Dividends

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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92. To ask the Minister for Finance if he will list for each commercial semi State organisation the total dividend it paid to the State in 2013; and if he will make a statement on the matter. [8846/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The total dividends paid to the Exchequer in 2013 by commercial semi-State bodies were published in the end 2013 Exchequer Statement and are set out in the table:

Commercial semi-State bodyTotal dividend paid
ESB€139,463,125.36
Bord Gáis€49,871,305.00
Irish Life€40,000,000.00
Dublin Port€15,000,000.00
Aer Lingus€5,364,361.04
Irish Aviation Authority€5,015,000.00
Bord Na Mona€5,000,010.00
Eirgrid€4,000,000.00
Port of Cork€407,094.00
Galway Port€30,000.00
Total€264,150,895.40

No other dividends were received from semi-State bodies by the Exchequer in 2013.

Stocks or shares in commercial semi-State bodies, which were previously held by the Minister for Finance, were transferred to the Minister for Public Expenditure and Reform under Section 16 of the Ministers and Secretaries (Amendment) Act, 2011.

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