asked the Minister for Industry and Commerce if he will give details of (a) the share capital, (b) the loan capital, (c) profit or loss, (d) wages paid, (e) the number of employees and (f) the amount and value of exports for each of the semi-State companies for which his Department is responsible, for each of the years 1951, 1958, 1959 and 1961 to 1968 inclusive.
Ceisteanna—Questions. Oral Answers. - Semi-State Body Statistics.
As the information requested by the Deputy is in the form of tabular statements, I propose with your permission, a Cheann Comhairle, to have the statements circulated with the Official Report. The details are given for the latest year in each case for which the company's accounts have been published, and are in respect of the trading companies for which I am responsible.
Following are the statements:—
NÍTRIGIN Éireann Teoranta (which was incorporated on 3rd October, 1961 and which commenced to trade on 3rd May, 1965)
Year ended |
Share Capital |
Loan Capital |
Profit/Loss |
Wages Paid |
Number of employees |
Amount and Value of Exports |
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
|
£ |
£ |
£ |
£ |
£ |
||
30/6/62 |
5 |
34,000 |
— |
6,330 |
13 |
— |
30/6/63 |
5 |
1,544,000 |
— |
13,370 |
17 |
— |
30/6/64 |
6 |
3,829,000 |
— |
36,000 |
30 |
— |
30/6/65 |
97 |
5,649,000 |
50,395 |
112,000 |
280 |
19,000 |
(loss) |
||||||
30/6/66 |
97 |
6,000,000 |
8,391 |
391,000 |
412 |
234,000 |
(profit) |
||||||
30/6/67 |
97 |
6,000,000 |
108,634 |
548,000 |
564 |
38,000 |
(profit) |
NOTES:
(a) The figures under this heading represent the issued share capital of the company at 30th June each year.
(b) The figures under this heading exclude commercial loans and bank overdraft accommodation. The figures represent the total sums advanced from the Exchequer to the company by the 30th June each year out of the total £6 million (maximum) authorised to be advanced to the company by way of interest bearing repayable advances in accordance with the NÍtrigin Éireann Teoranta Act, 1963.
(c) The figures under this heading represent profit providing for depreciation, directors' emoluments and auditor's fee and before providing for taxation or for the payment of interest on the advances from the Exchequer.
(d) The figures under this heading include salaries as well as wages.
(f) Exports can be expressed in value only.
Ceimicí Teoranta
Year ended |
Share Capital |
Loan Capital |
Profit/Loss |
Wages Paid |
Number of Employees |
Amount and value of Exports |
|
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
||
Permanent |
Seasonal |
||||||
£ |
£ |
£ |
£ |
£ |
|||
30/9/51 |
275,763 |
Nil |
37,667 |
40,158 |
151 |
24 |
Nil |
(Loss) |
|||||||
30/9/58 |
495,766 |
Nil |
52,386 |
57,482 |
119 |
35 |
42,674 |
(Profit) |
|||||||
30/9/59 |
495,766 |
Nil |
153,318 |
58,012 |
114 |
11 |
Nil |
(Profit) |
|||||||
30/9/61 |
495,766 |
Nil |
98,212 |
83,417 |
117 |
61 |
125,497 |
(Profit) |
|||||||
30/9/62 |
495,766 |
Nil |
117,016 |
92,496 |
114 |
48 |
139,318 |
(Profit) |
|||||||
30/9/63 |
495,766 |
Nil |
68,445 |
88,547 |
115 |
56 |
85,718 |
(Profit) |
|||||||
30/9/64 |
495,767 |
Nil |
70,289 |
115,964 |
114 |
65 |
60,284 |
(Loss) |
|||||||
30/9/65 |
495,767 |
Nil |
27,467 |
104,232 |
114 |
31 |
68,129 |
(Profit) |
|||||||
30/9/66 |
495,767 |
Nil |
113,642 |
92,496 |
110 |
30 |
38,606 |
(Profit) |
|||||||
30/9/67 |
495,767 |
Nil |
126,909 |
100,538 |
112 |
32 |
32,507 |
(Profit) |
NOTES:
(a) The figures under this heading represent the issued share capital of the Company at the 30th September, each year.
(c) The figures under this heading represent profit before taxation and after providing for depreciation and directors' emoluments and auditor's fee.
(d) The figures under this heading include salaries as well as wages.
(f) The figures under this heading cover a number of different commodities manufactured by the company and can be expressed in value only.
Irish Steel Holdings Ltd.
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
|
Year ended 30th June |
Share Capital |
Loan Capital |
Profit or Loss |
Wages Paid |
Number of employees |
Amount and value of Exports |
£ |
£ |
£ |
£ |
|||
1951 |
3 |
Nil |
58,449 |
145,000 |
422 |
— |
(profit) |
||||||
1958 |
3 |
Nil |
71,720 |
240,000 |
469 |
185,689 |
(profit) |
||||||
1959 |
3 |
Nil |
79,776 |
270,000 |
531 |
370,898 |
(profit) |
||||||
1961 |
1,400,000 |
Nil |
51,244 |
383,000 |
661 |
362,489 |
(profit) |
||||||
1962 |
3,100,002 |
Nil |
43,668 |
459,000 |
705 |
189,376 |
(profit) |
||||||
1963 |
4,400,000 |
Nil |
257,448 |
522,000 |
730 |
40,306 |
(loss) |
||||||
1964 |
4,400,000 |
Nil |
191,081 |
669,000 |
795 |
432,744 |
(loss) |
||||||
1965 |
5,500,000 |
Nil |
4,200 |
685,000 |
775 |
965,462 |
(profit) |
||||||
1966 |
5,650,000 |
Nil |
65,657 |
620,000 |
695 |
941,878 |
(loss) |
||||||
1967 |
5,785,000 |
Nil |
182,488 |
800,000 |
769 |
696,665 |
(profit) |
||||||
1968 |
5,785,000 |
Nil |
433,221 |
826,000 |
775 |
552,222 |
(profit) |
(a) The figures under this heading represent issued share capital as at the 30th June each year.
(b) The figures under this heading exclude commercial loans and bank overdraft accommodation.
(c) The figures under this heading represent profit after providing for depreciation, directors' emoluments and Audit Fee and before providing for taxation.
(d) The figures under this heading include salaries as well as wages.
(f) Exports can be expressed in value only.
Mín Fhéir (1959) Teo. (which was incorporated on 5th May, 1960 and which commenced to trade on 30th April, 1964).
Year ended |
Share Capital |
Loan Capital |
Profit or Loss |
Wages Paid |
Number of Employees |
Amount and value of Exports |
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
|
£ |
£ |
£ |
||||
31/3/61 |
30,007 |
Nil |
— |
4,166 |
26 |
— |
31/3/62 |
57,000 |
Nil |
— |
9,298 |
29 |
— |
31/3/63 |
115,000 |
Nil |
— |
17,666 |
43 |
— |
31/3/64 |
165,000 |
Nil |
— |
10,529 |
36 |
— |
31/3/65 |
200,000 |
Nil |
Loss of £6,173 |
8,422 |
26 |
2,436 |
31/3/66 |
200,000 |
Nil |
Loss of £6,959 |
9,959 |
26 |
2,356 |
31/1/67 |
200,000 |
Nil |
Loss of £12,857 |
9,337 |
28 |
4,243 |