asked the Minister for Finance if he will give particulars of (1) the State's investments in (a) industrial undertakings and (b) public utilities (including transport) together with the amount in each case at 31st March, 1958, and (2) the income accruing to the State from such investments.
Written Answers. - State Investments.
Following is the information required:—
THE State's investments in certain undertakings.
Amount invested at 31-3-58 |
Dividend or interest received in 1957-58 |
|
£ |
£ |
|
(a) Industrial Undertakings: |
||
Bord na Móna |
11,806,000 |
437,114 |
Comhlucht Siúicre Eireann Teo. |
500,000 |
15,625 |
Céimicí Teo. |
496,000 |
— |
Alginate Industries (Ireland) Ltd. |
29,000 |
— |
(b) Public Utilities: |
||
Electricity Supply Board |
64,550,000 |
2,531,058 |
Córas Iompair Eireann |
6,623,000 |
—* |
Great Northern Railway Board |
2,988,000 |
—* |
*As voted subsidies were in excess of the interest on these advances, no net income accrued to the State.