As Gaeilge

End February 2005 Exhequer Statement

Statement of Exchequer Surplus/(Deficit) in the Period Ended 28 February 2005

 

01 January 2004

01 January 2005

 

 

 

to

to

Receipts and Expenditure

29 February 2004

28 February 2005

€000

€000

Receipts
Tax Revenue Note 1 5,353,720 6,121,818
Non-Tax Revenue Note 2 46,605 49,310
Sinking Fund (Capital) * 0 0
Other Capital Receipts Note 3 216,007 251,606
Total 5,616,332 6,422,734
Expenditure
Voted (Departmental Expenditure Voted Annually by the Dail)** Note 4

4,679,707

5,160,842

Non-Voted (Non-discretionary Expenditure charged directly on the Central Fund)
Sinking Fund * Note 5 0 0
Other Non-Voted Current Expenditure Note 5 505,998 488,928
Non-Voted Capital Expenditure Note 6 257 52
Total 5,185,962 5,649,822
Exchequer Surplus/(Deficit) 430,370 772,912
Source and Application of Funds
Total (Borrowing)/Repayment Note 7

(723,779)

(1,378,806)

Total Increase/(Decrease) in Exchequer Deposits and Other Balances Note 8 1,154,149 2,151,718
Exchequer Surplus/(Deficit) 430,370 772,912

* The Sinking Fund provision is a transfer from the current account to the capital account to reduce national debt

** Of which issues for capital spending to end February are : 2004- €399,314,000 and 2005 - €242,518,000

Detailed Notes

RECEIPTS

1 Jan 2004

1 Jan 2005

   ISSUES

1 Jan 2004

1 Jan 2005

 

to

to

 

 

to

to

 

29 Feb 2004

28 Feb 2005

    

29 Feb 2004

28 Feb 2005

 

 

 

 

 

 

 

 

€000

€000

 

 

€000

€000

Note 1: Tax Revenue     Note 4: Voted Departmental Expenditure    
         

 

Customs... 28,750 36,500 Agriculture & Food.

83,397

62,470

Excise... 698,282 770,153 Arts, Sport & Tourism...

56,922

48,366

Capital Gains Tax. 367,235 424,568 Communications, Marine & Natural Resources...

31,996

42,337

Capital Acquisitions Tax... 21,973 32,055 Community, Rural & Gaeltacht Affairs..

33,923

39,166

Stamps. 304,986 397,844 Defence...

111,612

119,279

Income Tax. 1,617,020 1,759,097 Education & Science..

917,179

988,651

Income Levy.. 0 0 Enterprise, Trade & Employment...

174,282

197,626

Corporation Tax. 314,273 468,125 Environment, Heritage & Local Government..

168,455

190,165

Value-Added-Tax. 1,929,267 2,183,287 Finance Group.

98,542

157,576

Agricultural Levies... 0 0 Foreign Affairs..

111,870

137,952

Training & Employment Levy.. 0 202 Health & Children. 1,429,811

1,835,981

Unallocated Tax Receipts 71,934 49,987 Justice Group...

258,580

285,226

Total 5,353,720 6,121,818 Social & Family Affairs ..

986,739

904,672

      Taoiseach's Group (incl Legal Votes)..

16,476

18,913

Note 2: Non-Tax Revenue     Transport...

199,923

132,462

      Total 4,679,707

5,160,842

Central Bank - Surplus Income.. 0 0
National Lottery Surplus... 30,000 35,000
Royalties from Marathon Petroleum. 0 0        
Transfer from Social Insurance Fund... 0 0        
Central Bank-Accrued public moneys from the      

€000

€000

issue of coin……… 0 0 Note 5: Non-Voted Current Expenditure    
         
Interest on Loans   Service of National Debt  
Local Loans Fund... 0 0 Interest.. 194,181 79,394
Other Advances... 1,566 822 Sinking Fund Contributions.. 0 0
    Other Debt Management Expenses... 6,489 7,343
Dividends      
ACC Bank. 0 0 Other Non-Voted Expenditure  
Bord Gais Eireann 0 0 Contribution to EU Budget... 276,180 376,394
ESB 0 0 Finance Act 2003 (Section 166). 48 5
Irish Aviation Authority 0 0 P&T Services Act,(Amendment)1983 Section 75. 0 0
Aer Rianta 0 0 Payments to Marathon Petroleum Ire. Ltd. 0 0
Other Dividends... 0 109 Election Expenses... 9,716 524
    Payments to Political Parties under the Electoral Acts………… 1,181 1,238
Other Receipts   Salaries, Pensions and Allowances. 5,137 5,728
Passport and Consular Fees... 0 0 Oireachtas Commission* 11,176 13,367
Other Receipts collected by Departments etc... 14,339 12,930 Miscellaneous... 1,890 4,935
Miscellaneous... 700 449 Total 505,998 488,928
Total 46,605 49,310    
      Note 6: Non-Voted Capital Expenditure  
Note 3: Capital Receipts        
      Loans  
EU Receipts   Bord Iascaigh Mhara.. 0 0
Cohesion Fund Receipts.. 0 0 Local Loans Fund... 0 0
European Regional Development Fund... 7,829 59,594 Nitrigin Ιireann Teoranta 0 0
EIB-EEA Financial Mechanism.. 0 0    
Trans European Network. 0 3,500 Share Capital Acquired in State Sponsored Bodies  
Other EU Receipts.. 26 16 ACC Bank plc. 0 0
    Arramara Teoranta.. 0 0
Loan Repayments   SFADCo. Ltd.. 0 0
Local Loans Fund Acts, 1935-87. 0 0    
Feoga (Guarantee).. 207,570 175,000 Investments in International Bodies  
Feoga (Intervention)). 0 0 European Bank for Reconstruction and Development Act, 1991 0 0
Other Loans Repaid.. 0 0 International Common Fund for Commodities Act 1982 S 3(2) 205 13
    CB/Development Bank 0 0
Capital Receipts under Statute   European Communities Acts, 1972 to 1998  
Insurance Acts 1953-88.. 0 0 ERDF/Cohesion Fund... 0 0
Insurance Acts 1964 0 0 FEOGA (Intervention). 0 0
    FEOGA (Guarantee)... 0 0
Other Capital Receipts      
Sale of State Property... 0 2,217 Other Capital Payments  
Refund of IDA Grants. 532 7,783 National Pensions Reserve Fund. 0 0
Enterprise Ireland... 0 3,328 Other Payments under Statute.. 52 39
Sale of ACC Bank... 0 0 Total 257 52
ACC Bank ESOP... 0 0      
Sale of INPC.. 0 0 SOURCE AND APPLICATION OF FUNDS  
Telephony Licence... 0 0    

€000

€000

Refund of Shannon Development Grants.. 0 0   Note 7: (Borrowing)/Repayments  
Miscellaneous Capital Receipts. 50 168      
Total 216,007 251,606   Irish Government Bonds listed on the Irish Stock Exchange..

(864,516)

(193,161)

Other Irish Government Public Bond Issues... 65,924 0
EIB Loans... 614 0
Medium Term Notes... 0 200,539
Private Placements. 0 0
National Saving Schemes...

(74,341)

(81,393)

Commercial Paper... 299,361

(919,942)

Miscellaneous Debt. 1,004

(382,522)

(Borrowing from)/Repayment to Ministerial Funds...

(151,825)

(2,327)

Total (Borrowing)/Repayment

(723,779)

(1,378,806)

     
  Note 8: Increase/(Decrease) in Exchequer  
  Deposits and Other Balances  
  Increase/(Decrease) in Exchequer Balance.. 1,091,678 2,034,574
Increase/(Decrease) in Other Bank Deposits... 0 30,000
Increase/(Decrease) in Other Balances... 62,471 87,144
Total 1,154,149 2,151,718

*The Houses of the Oireachtas and European Parliament was funded from a dedicated vote (no. 2) up to and including 2003.  In accordance with the Houses of the Oireachtas Commission Act 2003, these expenses will be paid directly from the Central Fund from 1 January 2004.
 
Users who read this document also viewed
07 March 2013Report on Recommendations of Internal and External reviews of GG Debt Statistics
07 March 2013Department of Finance Annual Review
01 June 2003Welcome from the Minister
20 February 2003 Recruitment to all Civil Service Departments/Offices is co-ordinated centrally by the Office of the Public Appointments...
27 July 1998Freedom of Information