Written answers

Thursday, 19 June 2014

Department of Public Expenditure and Reform

State Assets

Photo of Terence FlanaganTerence Flanagan (Dublin North East, Independent)
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73. To ask the Minister for Public Expenditure and Reform if an exercise is carried out by his Department on a yearly basis to record the value of saleable State assets; and if he will make a statement on the matter. [26514/14]

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour)
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The Deputy will recall my announcement in February 2012 of the scope and content of the State Assets Disposal Programme that was agreed by Government. NewERA subsequently prepared financial reports, including valuations, on the assets announced in the disposal programme.  As no additional State assets are under consideration for disposal at this time, no exercise of the type referred to in the Deputy's question is foreseen or intended.

However, although they do not purport to be a comprehensive financial statement of the State's assets and liabilities, the Finance Accounts prepared by the Department of Finance provide an annual statement of all of the State's shareholdings in any companies incorporated under the Companies Acts, except for companies where the shareholding is held by the National Pension Reserve Fund.

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