Ivana Bacik
Question:252. Deputy Ivana Bacik asked the Minister for Housing, Local Government and Heritage the amount of funding allocated to Ervia in each of the years 2014 to 2022 and to date in 2023. [43956/23]
View answerTuesday, 10 October 2023
Questions (252)
Written answers
My Department has not allocated or provided any funding to Ervia for the period 2014 to date.
In the period to 2022 and while Uisce Éireann was a subsidiary of Ervia, funding was provided by my Department to Uisce Éireann pursuant to the Water Services Acts 2007 to 2022. However, due to its share ownership structure, Uisce Éireann did not meet the definition of a subsidiary of Ervia for accounting purposes under International Financial Reporting Standards and, therefore Uisce Éireann was not consolidated within the financial statements of the Ervia Group. Uisce Éireann provided details of all funding provided to it in its Annual Report and Accounts for each of the years since 2014 and copies of these reports are available in the Oireachtas Library.