Written answers

Wednesday, 14 January 2015

Department of Finance

Exchequer Returns

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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173. To ask the Minister for Finance if he will provide a breakdown by company of the €475 million in dividends received from the State companies in 2014; and if he will make a statement on the matter. [1732/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The information requested by the Deputy is published as part of the Exchequer returns process and is displayed on the second page of the Exchequer Statement under non-tax revenue.

For convenience the requested information is reproduced in the table below. The figure of €10.701 million under the heading of "Other Dividends" has also been expanded to show the source of the dividends.

E.S.B.€269,117,188
Bord Na Mona€10,612,450
Dublin Port Company€8,000,000
IAA€4,833,000
Aer Lingus€5,364,361
Port of Cork€503,861
Coillte Teoranta€6,000,000
Ervia€171,000,000
Total€475,430,860

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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174. To ask the Minister for Finance if he will provide a breakdown by property of the €407 million received from the sale of State properties in 2014; and if he will make a statement on the matter. [1733/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The End December 2014 Exchequer Statement included capital receipts of €405 million under the heading "National Lottery License payment". This amount was paid by Premier Lotteries Ireland Limited for the licence to operate the National Lottery.

Further capital receipts of €1.86 million were received under the heading "Sale of State Property". These receipts are broken down as follows:

Proceeds of Sale of Land Navan Rd, Cabra €1,702,800.73
Sale of Coastguard Cottage no 12 Crosshaven Cork€130,000.00
Sale of plot of land adjacent to Skibbereen Garda Station€10,000.00
Return of Deposit for DecentralisationCarlow Co Council€25,000.00
€1,867,800.73
The alternative Exchequer Statement, which is published alongside the Exchequer statement, has both of these receipts combined under heading of "Sale of State Property".

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