Committee Reports::Report No. 04 - Córas Iompar Éireann::10 October, 1979::Appendix

APPENDIX 3

CIE DEFICIT: YEAR 1979

A. Subvention included in Annual Estimates: £35 million


B. Additional Subvention anticipated by CIE: £15 million


Statistics supplied by CIE showing the composition of the additional subvention.


 

£000’s

Shortfall in Budgeted Revenue

 

Delay in implementation of rates and fares increase (from 9th April to 2nd

 

July)

...

...

...

...

...

...

...

...

2,750

Net losses in road passenger services arising from effects of go-slow (maintenance workers) operatives’ strike and subsequent non-recovery of customers

2,460

Sub Total:

5,210

Increase in Expenditure

 

Increase in gas oil costs

...

...

...

...

...

...

3,500

Effect of National Understanding on wages costs, less provision for 6%

 

increase which was included in original estimates

...

...

...

1,798

Increased cost of Labour Court award to bus drivers and conductors over

 

provision included in original estimates

...

...

...

...

1,685

Increased cost of Labour Court award to maintenance workers (not yet accepted by all Unions concerned) over provision in original estimates

884

Cost of Labour Court award of 6% from 1st January, 1979 to rail operatives

 

(not yet accepted by staff concerned)

...

...

...

...

1,100

Provision for award of further £5.55 per week to maintenance workers

407

Sub Total:

9,374

12 September, 1979. TOTAL ADDITIONAL DEFICIT

14,584