Written answers

Tuesday, 2 July 2024

Department of An Taoiseach

State Bodies

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein)
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110. To ask the Taoiseach if his attention has been drawn to the fact that according to the CSO, at end December 2023, 25 public corporations (with liabilities exceeding the 0.01% GDP threshold) held liabilities of €166.4 billion; and if he will provide a list of the 25 public corporations, the total debt held by each, in tabular form. [27887/24]

Photo of Hildegarde NaughtonHildegarde Naughton (Galway West, Fine Gael)
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EU Member States are required under to publish relevant information on contingent liabilities with potentially large impacts on public budgets. The CSO publishes this public corporations data as part of the , which is also included in the Department of Finance annual publication.

The liabilities of public corporations, i.e. government-controlled entities classified outside the general government sector, are defined as the stock of liabilities at the end of the year, based on the annual financial accounts of the corporations. These entities are classified outside general government due to their commercial nature. Eurostat requires Member States to report the liabilities of public corporations which exceed 0.01% of GDP. These liabilities, referred to as “contingent”, are deemed to be potential obligations of government and will only materialise if specific conditions prevail.

As requested by the Deputy, the table below lists the 25 public corporations whose total liabilities exceed the 0.01% GDP threshold and together amount to €166.4 billion. The CSO disseminates only aggregated data. Liabilities of individual corporations are detailed in their annual financial statements.

Public corporations whose liabilities exceed 0.01% of GDP at 31 Dec 2023
AIB Group PLC
An Post
Bord na Móna PLC
Bus Átha Cliath
Bus Éireann
Coillte CGA
Dublin Airport Authority PLC
Dublin City University
Dublin Port Company
DLR Properties Ltd
EirGrid PLC
Electricity Supply Board
Ervia
Irish Aviation Authority
National University of Ireland Galway
National University of Ireland Maynooth
Permanent TSB Group Holdings PLC
Port of Cork Company
RTÉ Transmission Network DAC (trading as 2rn)
Shannon Group PLC
Trinity College Dublin
University College Cork
University College Dublin
University of Limerick
Voluntary Health Insurance Board

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