Written answers

Wednesday, 10 July 2019

Department of Finance

State Bodies Data

Photo of Joan BurtonJoan Burton (Dublin West, Labour)
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150. To ask the Minister for Finance the dividends received from publicly owned enterprises and semi-State companies in 2018, in tabular form; the projected dividends in 2019; if he has requested additional or special dividends in 2019; his policy on these dividends; and if he will make a statement on the matter. [30318/19]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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The following table lists the dividends paid to the Exchequer by commercial State-sponsored bodies in 2018. Expected dividends from individual bodies is commercially sensitive information, however, as per the Stability Programme Update 2019, I have budgeted for a total of €249.4 million in dividend receipts in 2019, of which €68.6 million has been received to end-June.

Though a special dividend is expected from Ervia in 2019 in respect of the sale of Bord Gáis Energy, I have not requested any further special or additional dividends in 2019. Dividends are received to the Central Fund and are used for general expenditure.

Information on such dividends and receipts paid to the Exchequer are published on a monthly basis by my Department in the Fiscal Monitor which is available at www.gov.ie/en/collection/bf14dc-fiscal-monitors/.

Commercial State Sponsored Body (CSSB) Dividends

-2018 Outturn
Irish Aviation Authority19,458,000
Electricity Supply Board33,056,621
Dublin Port Company12,173,000
Coillte Teoranta15,000,000
Dublin Airport Authority37,400,000
Port of Cork Company714,000
Eirgrid4,000,000
Ervia139,089,000
Port of Waterford0
Shannon Foynes Port300,000
Total261,190,621

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