Written answers
Wednesday, 10 July 2019
Department of Finance
State Bodies Data
Joan 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]
Paschal 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 Authority | 19,458,000 |
Electricity Supply Board | 33,056,621 |
Dublin Port Company | 12,173,000 |
Coillte Teoranta | 15,000,000 |
Dublin Airport Authority | 37,400,000 |
Port of Cork Company | 714,000 |
Eirgrid | 4,000,000 |
Ervia | 139,089,000 |
Port of Waterford | 0 |
Shannon Foynes Port | 300,000 |
Total | 261,190,621 |
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