As Gaeilge
EXCHEQUER STATEMENT
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STATEMENT OF EXCHEQUER SURPLUS/(DEFICIT) IN THE PERIOD ENDED 31 JULY 2007
01 January 2006 01 January 2007
to to
Receipts and Expenditure 31 July 2006 31 July 2007

€000

€000

Receipts
Tax Revenue Note 1 23,394,834 25,007,634
Non-Tax Revenue Note 2 313,965 322,036
Sinking Fund (Capital) * 441,366 0
Other Capital Receipts Note 3 992,078 907,534
Total 25,142,243 26,237,204
Expenditure
Voted (Departmental Expenditure Voted Annually by the Dail)** Note 4

20,307,518

 24,428,222
Non-Voted (Non-discretionary Expenditure charged directly on the Central Fund)
Sinking Fund * Note 5 441,366 0
Other Non-Voted Current Expenditure Note 5 2,436,572 2,300,838
Non-Voted Capital Expenditure Note 6 740,022 842,178
Total 23,925,478 27,571,238

 

 

Exchequer Surplus/(Deficit)

 

 

1,216,765

(1,334,034)

Source and Application of Funds
Total (Borrowing)/Repayment Note 7 (984,777)

(2,412,903)

Total Increase/(Decrease) in Exchequer Deposits and Other Balances Note 8

2,201,542

1,078,869

Exchequer Surplus/(Deficit)

1,216,765

(1,334,034)

* 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 July : 2006 - €1,897,079 and 2007 - €3,104,316
RECEIPTS 1 Jan 2006 1 Jan 2007   ISSUES 1 Jan 2006 1 Jan 2007
  to to   to to
  31 July 2006 31 July 2007     31 July 2006 31 July 2007
             
 

€000

€000

  

€000

€000

Note 1: Tax Revenue     Note 4: Voted Departmental Expenditure    
           
Customs....................................................................................... 145,662 155,156 Agriculture & Food...............................

366,105

641,097

Excise.......................................................................................... 3,231,225 3,410,705 Arts, Sport & Tourism..............................

255,989

300,404

Capital Gains Tax......................................................................... 926,326 1,090,715 Communications, Marine & Natural Resources.........

131,564

154,807

Capital Acquisitions Tax............................................................... 187,764 217,385 Community, Rural & Gaeltacht Affairs..........................

192,361

247,244

Stamps........................................................................................ 1,996,249 2,026,038 Defence....................................

476,639

527,785

Income Tax.................................................................................. 6,168,339 6,972,145 Education & Science...................................

4,230,879

4,696,950

Corporation Tax............................................................................ 2,262,001 1,659,060 Enterprise, Trade & Employment........................

652,055

723,661

Value-Added-Tax......................................................................... 8,437,248 9,448,157 Environment, Heritage & Local Government..........................

981,565

1,399,424

Agricultural Levies........................................................................ 1,890 0 Finance Group...............................

647,388

695,778

Training & Employment Levy........................................................ 705 1,539 Foreign Affairs...................................

429,065

536,801

Unallocated Tax Receipts……………………… 37,425 26,734 Health & Children.........................

5,875,477

7,145,726

Total 23,394,834 25,007,634 Justice Group.................................

1,148,172

1,349,334

      Social & Family Affairs ................................

4,036,293

4,645,462

 

 

 

 

Taoiseach's Group (incl Legal Votes)....................

113,719

105,316

Note 2: Non-Tax Revenue     Transport...........................

770,247

1,258,433

        Total

20,307,518

24,428,222

Central Bank - Surplus Income..................................................... 109,181 98,496
National Lottery Surplus............................................................... 100,000 105,000      
Royalties from Marathon Petroleum.............................................. 11,788 4,931    

€000

€000

Central Bank-Accrued public moneys from the   0   Note 5: Non-Voted Current Expenditure    
issue of coin………………………………………… 7,000 20,100      
      Service of National Debt    
Interest on Loans     Interest......................................................................................... 1,456,892 1,297,375
Local Loans Fund........................................................................ 10 3,535 Sinking Fund Contributions........................................................... 441,366 0
Other Advances........................................................................... 3,124 4,689 Other Debt Management Expenses............................................. 26,106 27,420
           
Dividends     Other Non-Voted Expenditure    
Bord Gais Eireann……………………………….. 0 0 Contribution to EU Budget............................................................ 850,969 853,749
ESB………………………………………………. 0 0 Finance Act 2003 (Section 166)............................................... 0 0
Bord Na Mona……………………………………. 3,850 0 P&T Services Act,(Amendment)1983 Section 75......................... 0 7,000
Dublin Port Company……………………………. 0 4,200 Payments to Marathon Petroleum Ire. Ltd..................................... 5,836 0
Other Dividends........................................................................... 128 124 Election Expenses........................................................................ 907 15,554
      Payments to Political Parties under the Electoral Acts………… 3,850 3,448
Other Receipts     Salaries, Pensions and Allowances.............................................. 22,543 23,827
Land Registry Fees…………………………….. 41,400 45,750 Oireachtas Commission………………………………………….. 56,624 64,577
Motoring Fines…………………………………. 7,543 7,570 Carbon Fund Act 2007………………………………………… 0 2,200
Other Receipts collected by Departments etc.............................. 24,664 24,597 Miscellaneous.............................................................................. 12,845 5,688
Miscellaneous.............................................................................. 5,277 3,044 Total 2,877,938 2,300,838
Total 313,965 322,036      
      Note 6: Non-Voted Capital Expenditure    
Note 3: Capital Receipts          
      Loans    
EU Receipts     Bord Iascaigh Mhara.................................................................... 0 0
Cohesion Fund Receipts.............................................................. 23,388 0 Local Loans Fund........................................................................ 0 0
European Regional Development Fund....................................... 59,136 95,520      
EIB-EEA Financial Mechanism..................................................... 0 0 Share Capital Acquired in State Sponsored Bodies    
Trans European Network............................................................. 1,200 2,800 Arramara Teoranta.......................................................................... 0 0
Other EU Receipts....................................................................... 16 16      
      Investments in International Bodies    
Loan Repayments     European Bank for Reconstruction and Development Act, 1991 405 304
Local Loans Fund Acts, 1935-87................................................. 27 9,802 International Common Fund for Commodities Act 1982 S 3(2) 0 0
Feoga (Guarantee)....................................................................... 650,289 730,146 CB/Development Bank………………………………………….. 18 19
Feoga (Intervention)................................................................... 0 0 Development Bank Acts, 2005………………………………………….

15,250

30,933
Other Loans Repaid.................................................................... 128 81 European Communities Acts, 1972 to 1998    
      ERDF/Cohesion Fund.................................................................. 0 2,010
Capital Receipts under Statute     FEOGA (Intervention)................................................................... 0 0
Insurance Acts 1953-88.............................................................. 656 476 FEOGA (Guarantee)..................................................................... 400 0
           
Other Capital Receipts     Other Capital Payments    
Sale of State Property............................................................ 256,851 2,000 National Pensions Reserve Fund................................................. 723,250 807,750
IDA Ireland............................................................. 74 6,649 Other Payments under Statute..................................................... 699 1,162
Enterprise Ireland.................................................................. 0 582   Total 740,022 842,178
Sale of Telephony Licences………………….. 0 44,400        
FAS Receipts.................................................................. 44 1,604   SOURCE AND APPLICATION OF FUNDS    
Vodafone Sale of Bonus Shares……………… 0 7,372  

€000

€000

Receipt from Sale of Aer Lingus……………… 0 0 Note 7: (Borrowing)/Repayments    
Miscellaneous Capital Receipts........................................ 269 6,086        
Total 992,078 907,534        
  Irish Government Bonds listed on the Irish Stock Exchange..

(327,185)

 23,864
  Other Irish Government Public Bond Issues................................. 0 0
  EIB Loans.................................................................................... 0 0
Medium Term Notes..................................................................... 0 0
Private Placements...................................................................... 0 0
National Saving Schemes............................................................

(173,430)

328,830

Commercial Paper........................................................................ (1,041,186) (3,182,439)
Miscellaneous Debt......................................................................

610

561

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

556,414

416,281
Total (Borrowing)/Repayment

(984,777)

 (2,412,903)
     
Note 8: Increase/(Decrease) in Exchequer    
Deposits and Other Balances    
  Increase/(Decrease) in Exchequer Balance................................

1,919,701

(807,039)

  Increase/(Decrease) in Other Bank Deposits.............................. 291,000 2,137,273
  Increase/(Decrease) in Other Balances.......................................

(9,159)

(251,365)

Total

2,201,542

1,078,869

 
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