Michael McGrath (Cork South Central, Fianna Fail)
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221. To ask the Minister for Finance the proceeds from the disposal of investments in the State supported banks, by institution, in each year since 2010, in tabular form; and if he will make a statement on the matter. [1067/16]

Michael McGrath (Cork South Central, Fianna Fail)
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222. To ask the Minister for Finance the dividends the State received from investments in the State supported banks, including interest on contingent capital notes, by institution, in each year since 2010, in tabular form; and if he will make a statement on the matter. [1068/16]

Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 221 and 222 together.

As requested by the Deputy, the tables below provide details of proceeds received from the disposal of bank assets and dividends received to date:

1.Disposal proceeds including accrued interest and dividend

*Gross proceeds from the redemption of the preference shares (including accrued interest) amounted to €1.87bn of which €0.23bn was used to settle the remaining balance of the EBS promissory notes.

2.Dividends received**

** Dividends/coupons accrued in the year of a disposal are included in disposal proceeds