Written answers

Tuesday, 8 December 2015

Department of Transport, Tourism and Sport

Departmental Agencies Funding

Photo of John LyonsJohn Lyons (Dublin North West, Labour)
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631. To ask the Minister for Transport, Tourism and Sport the return the State has received from its ongoing investment in the Dublin Airport Authority and the financial dividend it received from the authority's surplus profit; and if he will make a statement on the matter. [43817/15]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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As the Deputy will be aware, the daa operates under a commercial mandate, is entirely funded from its own resources (including borrowings) and receives no Government funding supports.

daa last made a dividend payment to the Exchequer in 2009 in the sum of €19.4 million and it is anticipated that the company will resume dividend payments in 2016 in line with the return to profitability of its core airport business.


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