Dáil Éireann Debate, Tuesday - 2 July 2024
110. Deputy Rose Conway-Walsh asked 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]
Amharc ar fhreagraEU Member States are required under EU Council Directive 2011/85 on requirements for budgetary frameworks of the Member States 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 Register of Public Sector Bodies, which is also included in the Department of Finance Contingent Liabilities 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.
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Public corporations whose liabilities exceed 0.01% of GDP at 31 Dec 2023 |
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AIB Group PLC |
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An Post |
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Bord na Móna PLC |
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Bus Átha Cliath |
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Bus Éireann |
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Coillte CGA |
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Dublin Airport Authority PLC |
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Dublin City University |
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Dublin Port Company |
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DLR Properties Ltd |
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EirGrid PLC |
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Electricity Supply Board |
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Ervia |
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Irish Aviation Authority |
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National University of Ireland Galway |
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National University of Ireland Maynooth |
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Permanent TSB Group Holdings PLC |
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Port of Cork Company |
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RTÉ Transmission Network DAC (trading as 2rn) |
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Shannon Group PLC |
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Trinity College Dublin |
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University College Cork |
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University College Dublin |
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University of Limerick |
|
Voluntary Health Insurance Board |
