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Dáil

Written Answers. - Borrowing by State and Semi-State Bodies.

asked the Taoiseach if he will state for the latest available date (a) the total amount borrowed by all State and semi-State bodies under the aegis of his Department and (b) the cost of servicing this borrowing.

Comment on this
John Lynch The Taoiseach Fianna Fáil

No amount was borrowed by any such body during the period concerned.

61.

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asked the Minister for Health if he will state for the latest available date (a) the total amount borrowed under the aegis of his Department and (b) the cost of servicing this borrowing.

Comment on this
Erskine Hamilton Childers Minister for Health (Mr. Childers) Fianna Fáil

As stated in replies to previous similar questions the bodies with which my Department are concerned receive support in the form of grant, and, except by way of temporary bank overdraft, the question of borrowing does not arise.

62.

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asked the Minister for Agriculture and Fisheries if he will state for the latest available date (a) the total amount borrowed by all State and semi-State bodies under the aegis of his Department and (b) the cost of servicing this borrowing.

Comment on this
Neil T.C. Blaney Minister for Agriculture and Fisheries (Mr. Blaney) Fianna Fáil

Examination of the latest available annual accounts of the bodies under the aegis of my Department show that the sum total of borrowing outstanding at the end of the accounting year amounted to £16,037,534, and that the aggregate amount paid in interest during the year was £1,362,127.

63.

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asked the Minister for Local Government if he will state for the latest available date (a) the total amount borrowed by all State and semi-State bodies under the aegis of his Department and (b) the cost of servicing this borrowing.

Comment on this
Kevin Boland Minister for Local Government (Mr. Boland) Fianna Fáil

The following is the information required:—

1. National Building Agency.

(a) Total amount borrowed as at 28 April 1970—£2,391,000;

(b) Cost of servicing this debt as at 28 April 1970—£170,117.

2. An Foras Forbatha.

Nil.

65.

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asked the Minister for Social Welfare if he will state for the latest available date (a) the total amount borrowed by all State and semi-State bodies under the aegis of his Department and (b) the cost of servicing this borrowing.

Comment on this
Kevin Boland Minister for Social Welfare (Mr. Boland) Fianna Fáil

The position is as shown in the reply given to Question No. 124 on 20th May last.

66.

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asked the Minister for Finance if he will state for the latest available date (a) the total amount borrowed by all State and semi-State bodies under the aegis of his Department and (b) the cost of servicing this borrowing.

Comment on this
Charles J. Haughey Minister for Finance (Mr. Haughey) Fianna Fáil

Following is the information requested:

OUTSTANDING BORROWING BY STATE-SPONSORED BODIES UNDER THE AEGIS OF THE DEPARTMENT OF FINANCE AT THE LATEST AVAILABLE DATE AND COST OF SERVICING THIS BORROWING DURING THE PREVIOUS YEAR.

(The information is based on the most recent published accounts. There is no borrowing in the case of the Central Bank of Ireland and the Racing Boar d).

(a) The accounting years vary.

(b) The terms as to interest and repayment have not yet been determined by the Minister for Finance; this sum has been invested in the food pr cessing project which is still at the development stage.

(c) By arrangement with the Minister for Finance interest was not payable on £474,408 of these advances which has been used for special loans in lieu of adaptation grants. The re-equipment loans are interest-free for five years.

(d) The terms as to interest and repayment have not yet been determined by the Minister for Finance.

Comment on this

asked the Minister for Transport and Power (a) the total amount borrowed by all State and semi-State bodies under the aegis of his Department at latest available date and (b) the cost of servicing this borrowing at the latest available date.

Comment on this
Patrick J. Lenihan Minister for Transport and Power (Mr. B. Lenihan)

Following is the information requested:—

69.

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asked the Minister for Labour if he will state for the latest available date (a) the total amount borrowed by all State and semi-State bodies under the aegis of his Department and (b) the cost of servicing this borrowing.

Comment on this
Joseph Brennan Minister for Labour (Mr. J. Brennan) Fianna Fáil

The answer is:—

(a) £36,321 0s 0d. and

(b) £197 10s. 0d.

70.

Comment on this

asked the Minister for Industry and Commerce if he will state for the latest available date (a) the total amount borrowed by all State and semi-State bodies under the aegis of his Department and (b) the cost of servicing this borrowing.

Comment on this
George Colley Minister for Industry and Commerce (Mr. Colley) Fianna Fáil

The total amount borrowed by State and semi-State bodies under the aegis of my Department at the latest available date was £12,859,571 of which £10,153,749 represents repayable advances from the Exchequer. The cost of servicing this borrowing in the latest year was £880,405.

71.

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asked the Minister for the Gaeltacht if he will state for the latest available date (a) the total amount borrowed by all State and semi-State bodies under the aegis of his Department and (b) the cost of servicing this borrowing.

Comment on this
George Colley Minister for the Gaeltacht (Mr. Colley) Fianna Fáil

Is mar seo a leanas atá na sonraí:

Gaeltarra Éireann: Ar 31 Márta, 1970, bhí iomlán £1,170,000, a airleacadh as an bPríomh-Chiste tar éis 1 Aibreán, 1965, nach mbeidh ionaisíoctha go dtí cibé dáta a chinnfidh an tAire Airgeadais tar éis dó dul i gcomhairle liomsa.

Arramara Teoranta: Ar 30 Meán Fómhair, 1969 (gan rótharraingt bhainc a áireamh), bhí—

fuílleach £2,600 d'iasacht mhor-gáiste á aisíoc trí bhlianacht £233 12s 6d.

fuílleach £4,801 d'airleacan á aisíoc de réir a ndíoltar de tháirgí agus

iasacht £35,000 atá le haisíoc taobh istigh de seacht mbliana mar aon le hús ar an ráta reatha.

73.

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asked the Minister for Posts and Telegraphs if he will state for the latest available date (a) the total amount borrowed by all State and semi-State bodies under the aegis of his Department and (b) the cost of servicing this borrowing.

Comment on this
Patrick J. Lalor Minister for Posts and Telegraphs (Mr. Lalor) Fianna Fáil

Radio Telefís Éireann is the only such body for which I have a responsibility.

The particulars requested by the Deputy, as at the 31st March, 1969, are as follows:

(a) Repayable advances totalling £1,851,000 have been made from the Exchequer under Section 23 of the Broadcasting Authority Act, 1960. Property valued at £249,000 was also transferred to the Authority under Section 32 of the same Act. The bank overdraft was £97,095, making the total debt £2,197,095.

(b) £115,712 in 1968-69.

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