As Gaeilge
 
                 
EXCHEQUER ACCOUNT              
                 
Account of Receipts and Payments             
for the year ended 31 December 2002            
                 
  STATEMENT No.     2002     2001  
    € 000 € 000   € 000 € 000  
Current Receipts:                
  Tax Revenue   1.1   29,294,109     27,925,364  
  Non-Tax Revenue    1.2   2,230,081     810,616  
      31,524,190     28,735,980  
Current Payments:                
  Voted (Departmental expenditure                
    voted annually by the Dáil)   1.3 23,313,765     20,403,652    
  Non-Voted (non-discretionary expenditure              
    charged directly on Central Fund)              
  Sinking Fund (a)   2.1 475,944     478,017    
  Other Service of National Debt (b) 2.1 1,192,966     1,845,702    
  Payments to holders of political                 
   and Constitutional office etc.   1.4 34,923     25,875    
  Payments to EU Budget   1.5 1,045,363     1,219,992    
  Other non-voted Expenditure   1.6 62,641 26,125,602   35,771 24,009,009  
               
Surplus on Current Account       5,398,588     4,726,971  
               
Capital Receipts:                
  Loans repaid    1.8 196,620     83,175    
  EU Receipts   1.10 573,854     553,837    
  Other Receipts   1.12 315,887 1,086,361   831,234 1,468,246  
               
Capital Payments:                
  Voted (Departmental expenditure                
    voted annually by the Dáil)   1.7 5,509,251     4,903,829    
  Non-Voted (expenditure charged                
    directly under particular legislation)              
  Loans issued   1.8  309,541     134,044    
  Share Capital acquired in State Bodies 1.9 (A) 12,594     8,990    
  Investment in International Bodies 1.9 (B) 844     1,031    
  EU Payments   1.11 37         -    
  Funding of Superannuation Liabilities 1.13 1,034,500     971,984    
  Other Payments   1.13 821 6,867,588   587 6,020,465  
               
Deficit on Capital Account       (5,781,227)     (4,552,219)  
               
Exchequer Cash Balance       (382,639)     174,752  
  Sinking Fund (a)   2.1   475,944     478,017  
               
Exchequer Surplus       93,305     652,769  
               
Source and Application of Funds              
  Net Debt Repayments   2.3 179,712     720,697    
  Total Increase/(Decrease) in Exchequer               
  Balances and Commercial Deposits 2.3 (86,407) 93,305   (67,927) 652,770  
               
Notes:                  
   (a)  The Sinking Fund provision is a transfer from the current account to the capital account to reduce capital debt.   
               
    (b)  The 2002 service of National Debt cost has been increased by €1,505,000  to reflect a reclassification of National Savings  
    Schemes between interest and debt balances.            
               
               

 

STATEMENT 1.2            
             
Current: Non-Tax Revenue            
           
      2002   2001  
    €000   €000  
           
Central Bank Surplus Income     530,639   451,303  
           
National Lottery Surplus (a)     216,995   172,684  
           
Royalties from Marathon Petroleum Ireland Ltd     7,306   8,180  
           
NTMA / Social Insurance Fund Transfer to Exchequer     635,000       -  
           
Central Bank - Accrued public moneys arising from the issue of coins.     360,000       -  
           
Central Bank - Proceeds from Banknote Receipts re. Euro Changeover.     240,000       -  
           
Interest received on loans :            
   Aer Lingus Shannon Ltd. (formerly Aerlínte Éireann Teoranta)   127     254  
   Bord Iascaigh Mhara   197     218  
   Dept. of Agriculture & Food in its capacity as Intervention Agency            
  FEOGA Guarantee   490     74  
   Dept. of Comminications, Marine and Natural Resources            
  FEOGA Guarantee   107     192  
   Local Loans Fund    10,172     10,871  
    11,093   11,609  
Share Dividends :             
   ACC Bank plc  

2,537

         -  
   Bord Gáis Éireann    21,735     50,580  
   Irish Aviation Authority   1,071     1,161  
   Telecom Éireann       -     251  
   Vodafone Group /Eircell 2000   47     46  
   Electricity Supply Board   19,000         -  
    44,390   52,038  
Receipts collected by Government Departments and Offices : (b)            
           
Chief State Solicitor's Office:            
   Payment of instalment of debt       -     19  
           
Defence :            
   Re-imbursement by the UN of claims in respect of  Defence Forces            
    personnel who died or were injured while serving with UNIFIL   2     232  
           
Enterprise, Trade and Employment:            
   Receipt from Forfas in respect of lease income       -     100  
   Receipt from IDA Ireland in respect of rental income        -     335  
   Receipt from Forfas Superannuation Scheme Staff Contributions 1998-2000       -     630  
   Receipt from ET&E in respect of interest on Bank Account for World             
   Exposition, Hanover 2000       -     3  
   Receipt from Dissolution of Kilkenny Design Workshops Limited   4         -  
   Reclaimed VAT payments re. World Exposition, Hanover 2000.   1,033         -  
               
Foreign Affairs :            
   Passport and Consular Fees   28,904     21,475  
           
Justice, Equality and Law Reform  :            
   Court Fees   23,673     13,670  
   Citizenship Certificates   871     199  
   Court Percentages       -     107  
   Motoring Fines   32,671     25,368  
   Courts Vote   182         -  
           
Land Registry and Registry of Deeds :            
   Land Registration Fees   44,238     43,235  
   Registry of Deeds Fees   2,428     2,247  
   Ground Rent Fees   82     99  
           
Social and Family Affairs :            
    Interest on Advance to An Post re. Euro Changeover   514         -  
           
           
             
             
           
             
Current: Non-Tax Revenue - continued            
           
             
    2002   2001  
    €000   €000  
Communications, Marine and Natural Resources :            
   Coast Guard Charges       -     29  
   Expenses re. Pollution clean - up.   26         -  
   Interest on Sale of State Property.   4         -  
   Refunds of Pollution Costs re. Irish Coast Guard.   76         -  
           
Office of the Ombudsman :            
   Legal Costs to Information Commissioner.   25         -  
           
           
Office of the Revenue Commissioners :            
   Fee Stamps credited by the Revenue Commissioners  

835

 

   792  
           
Transport :            
   Aviation Indemnity Charges.  

3,915

         -  
    139,483   108,540  
Other Receipts :            
           
   Conscience money   18     55  
   Income from Irish Life policy placed by Dublin District Milk Board   22     23  
   Refund of salary from Chairman, Dublin Docklands Development Authority   20     10  
   State Property Act, 1954 (Sections 28 & 31)   13     77  
   Receipts from the European Investment Bank   1,017     902  
   Interest on Revenue accounts with the Central Bank   837     1,154  
   State witness expenses   9     8  
   Proceeds from Companies Liquidation Account   182     34  
   Criminal Justice Act, 1994 (Section 39)   27     649  
   Receipts from Agency for Personal Service Overseas   29     23  
   Office of the Director of Telecommunications Regulation annual surplus   8,858     3,328  
   E.U. refund   34,123         -  
   Receipts from Liquidation of Pigs and Bacon Committee.   7         -  
   Interest on Sale of A.C.C. Bank.   13         -  
    45,175   6,262  
           
PAYMENTS INTO EXCHEQUER            
    2,230,081   810,616  
Notes:            
(a)  Details of expenditure allocations under the National Lottery are shown in the Estimates for Public Services.        
           
(b)  These are receipts which, with the agreement of the Dáil, are paid into the Exchequer Account of the        
    Central Fund, rather than being voted towards offsetting Departmental expenditure as Appropriations-in-Aid.        
           
             
STATEMENT 1.8            
             
             
Capital:  Loan Transactions             
             
             
           
Body/Fund Outstanding    

Outstanding

    
at Loans Loans

at

    
    31 December  issued repaid

    31December 

    
2000 2001 2001

2001

    
             
    €000     €000     €000     €000    
           
  Aer Lingus Shannon Ltd (formerly Aerlínte Éireann          
    Teoranta) 6,349     -           - 6,349    
  Bord Iascaigh Mhara  4,795 838 965 4,668    
  Bula Ltd  (in receivership) (a) 1,214     -     - 1,214    
  Córas Iompar Éireann  12,511     -     - 12,511    
  Department of Agriculture, Food & Rural Development          
  - FEOGA (Guarantee) 38,092 114,276 38,092 114,276    
  Department of Marine & Natural Resources:            
  - FEOGA (Guarantee) 13,400 18,929 28,643 3,686    
  Insurance Compensation Fund 40,632     -     - 40,632    
  Local Loans Fund  126,842     - 15,167 111,675    
  Shannon Free Airport Development Co Ltd 11,722     - 309 11,414    
             
           
  Total 255,555 134,044 83,175 306,424    
           
           
           
Notes:            
           
           
(a) Four loans, totalling £956,297, were advanced between 1983 and 1986 to Bula Ltd. Interest due to 31 December, 2001 was    
    £24,006,249  i.e. pari passu with loans made to the Company via Bula Holdings Ltd by the private shareholders of Bula Ltd.    
           
           
           
           
           
           
           
           
           
           
           
           
           
             

 
Users who read this document also viewed
01 June 2003Welcome from the Minister
27 July 1998Freedom of Information
03 April 2013End-March 2013 Exchequer Statement
06 October 2002 The Strategic Management Initiative was set up in 1996 and marks a major step towards improving the Civil Service. SMI...
03 January 2013 END-DECEMBER 2012 EXCHEQUER RETURNS Good Exchequer Performance: Taxes Up; Spending on Target  The Minister for Finance,...