Written answers

Tuesday, 26 September 2017

Department of Culture, Heritage and the Gaeltacht

Film Industry

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein)
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238. To ask the Minister for Culture, Heritage and the Gaeltacht the value of Irish Film Board, IFB, loans that have been issued each year for the past ten years; the default rate of these loans; if firms that have been in default have been afforded new loans subsequently; the amount of unpaid loans to date in 2017 within the scheme; and the number of full-time jobs in the industry that are created as a result of each euro afforded by the IFB loan scheme. [40509/17]

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
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Funding for development, production and distribution is provided by the Irish Film Board through a range of programmes which is available to view on its funding webpage  at the following link: .

Since 2012 IFB funding awards are announced on a quarterly basis and reflect decisions made by its Board during each quarterly period. It should be noted that these funding decisions reflect offers of funding only.

All the information regarding IFB loans advanced and the repayment/recoupment of those loans can be found in the IFB annual reports which can be viewed online on its Reports and Publications webpage at the following link: . The accounting policies in relation to IFB loans are also documented in their annual report

The Irish Film Board is statutorily independent in relation to its funding and executive decisions. In terms of the economic benefit of investing in the film industry in general, this is an issue which is being considered in the context of an economic study of the audio-visual industry which my Department has commissioned in association with the Film Board, the Department of Communications, Environment and Climate Action and the Department of Business, Enterprise and Employment.

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