EXCHEQUER STATEMENT

STATEMENT OF EXCHEQUER SURPLUS / (DEFICIT) in the period ended April 2011

-DQXDU\ -DQXDU\
WR WR
$SULO $SULO
Receipts and Expenditure - Current €000 €000

Receipts
Tax Revenue Note 1 9,005,134 9,611,104
Non-Tax Revenue Note 2 159,433 410,945
Total 9,164,567 10,022,050

Expenditure
Voted (Departmental Expenditure Voted Annually by the Dail) Note 4 (12,991,808) (13,907,522)
Non-Voted Non-discretionary Expenditure charged directly on the Central Fund
. Sinking Fund * Note 5 (617,229) 0
. Other Non-Voted Current Expenditure Note 5 (2,487,261) (2,817,928)

Total (16,096,297) (16,725,450)

Surplus / (Deficit) on Current Account (6,931,730) (6,703,400)

Receipts and Expenditure - Capital

Receipts
Sinking Fund * 617,229 0
Other Capital Receipts Note 3 873,816 786,175
Total 1,491,045 786,175

Expenditure
Voted (Departmental Expenditure Voted Annually by the Dail) Note 4 (1,370,147) (933,963)
Non-Voted (Expenditure charged under particular legislation) Note 6 (150,104) (3,061,908)
Total (1,520,251) (3,995,871)

Surplus / (Deficit) on Capital Account (29,206) (3,209,696)

Exchequer Surplus / (Deficit) (6,960,937) (9,913,096)

Source and Application of Funds

Total (Borrowing) / Repayment Note 7 (8,861,151) (12,274,596)
Total Increase / (Decrease) in Exchequer Deposits and Other Balances Note 8 1,900,215 2,361,500

Exchequer Surplus / (Deficit) (6,960,937) (9,913,096)

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

Tables detailing the performance of voted expenditure and tax revenues on a year-on-year basis as well as against profile
for the period covered by this Exchequer Statement are available on the Department of Finance Website at
www.finance.gov.ie

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 EXCHEQUER STATEMENT
STATEMENT OF EXCHEQUER SURPLUS / (DEFICIT) in the period ended April 2011

Note 1 Tax Revenue 2010 2011

€000 €000
Tax Head Customs 65,584 81,114
Excise Duty 1,330,749 1,411,930
Capital Gains Tax 109,476 76,136
Capital Acquisitions Tax 98,519 30,462
Stamps 186,991 174,227
Income Tax 3,455,445 4,131,656
Corporation Tax 306,838 289,052
Value Added Tax 3,420,406 3,386,807
Training and Employment Levy 251 135
Unallocated Tax Receipts 30,875 29,585
Total 9,005,134 9,611,104

Note 2 Non-Tax Revenue 2010 2011

€000 €000
Surplus Incomes / Royalties Central Bank Surplus Income 38,090 0
National Lottery Surplus 90,000 80,000
Collector General No 2 A/C Surplus 112 0
Income from Credit Inst (Financial Support 0 3,232
Scheme)
Income from Credit Inst (Eligible Institutions 0 282,938
Guarantee)
Interest on Loans Local Loans Fund 9 1,495
Other Advances 3,286 8,239
Other Receipts Property Registration Authority Fees 9,700 8,160
Motoring Fines 2,851 4,752
Other Receipts collected by Departments etc. 11,327 13,832
Pension Levy 3,023 4,245
Miscellaneous 1,034 4,053
Total 159,433 410,945

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 EXCHEQUER STATEMENT
STATEMENT OF EXCHEQUER SURPLUS / (DEFICIT) in the period ended April 2011

Note 3 Capital Receipts 2010 2011

€000 €000
EU Receipts European Regional Development Fund 47,042 27,500
Other EU Receipts 16 16
EU Solidarity Fund Contribution 0 13,023
Loan Repayments Local Loans 159 3,908
FEOGA Guarantee 790,000 0
FEOGA Intervention 0 673,000
NAMA Advance Repayments 0 49,000
Capital Receipts Under Carbon Fund Act 2007 36,147 1,406
Statute
Other Capital Receipts IDA Ireland 12 110
FAS Receipts 8 0
Miscellaneous Capital Receipts 433 18,212
Total 873,816 786,175

Note 4 Voted Departmental Expenditure (Current and Capital) 2010 2011

€000 €000
Vote Group Agriculture, Fisheries and Food (383,994) (343,145)
Arts, Sport and Tourism (171,884) (71,729)
Communications, Energy and Natural Resources (61,923) (67,399)
Community, Rural and Gaeltacht Affairs (132,571) (97,662)
Defence (273,799) (271,642)
Education and Science (2,605,229) (2,887,310)
Enterprise, Trade and Employment (424,268) (242,734)
Environment, Heritage and Local Government (608,306) (400,122)
Finance Group (354,134) (343,458)
Foreign Affairs (266,511) (236,531)
Health and Children (4,223,615) (4,634,835)
Justice Group (705,126) (692,000)
Social and Family Affairs (3,558,306) (4,217,233)
Taoiseach's Group (incl Legal Votes) (46,493) (55,808)
Transport (545,796) (390,162)
Recovery of Advance to Recovery of Advance to Social Insurance Fund 0 110,285
Social Insurance Fund
Total (14,361,955) (14,841,485)

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 EXCHEQUER STATEMENT
STATEMENT OF EXCHEQUER SURPLUS / (DEFICIT) in the period ended April 2011

Note 5 Non-Voted Current Expenditure 2010 2011

€000 €000
Service of National Debt Interest (1,801,101) (2,082,046)
Sinking Fund Contributions (617,229) 0
Other Debt Management Expenses (35,578) (62,349)
Other Non-Voted Contribution to EU Budget (572,557) (571,287)
Expenditure
P&T Services Act, (Amendment) 1983 Section 75 0 (13,358)
Payments to Marathon Petroleum Ire. Ltd. (6,330) (2,868)
Election Expenses (416) (14,116)
Payments to Political Parties under the Electoral (5,520) (5,050)
Acts
Salaries, Pensions and Allowances (13,426) (13,755)
Oireachtas Commission (33,697) (34,320)
IDA & ADF - Payments under Development Banks (18,000) (18,000)
Acts, 2005
NDFA Act (523) (761)
Miscellaneous (112) (18)
Total (3,104,489) (2,817,928)

Note 6 Non-Voted Capital Expenditure 2010 2011

€000 €000
Share Capital Acquired in NAMA (49,000) 0
Companies
INBS (100,000) 0
European Communities ERDF/Cohesion Fund/TENS (467) 0
Acts, 1972 to 1998
Other Capital Payments Carbon Fund Act 2007 (627) (1,903)
Other Payments under Statute (10) (5)
Promissory Notes issued under the Credit 0 (3,060,000)
Institutions (Financial Support) Act 2008
Total (150,104) (3,061,908)

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 EXCHEQUER STATEMENT
STATEMENT OF EXCHEQUER SURPLUS / (DEFICIT) in the period ended April 2011

Note 7 Source and Application of Funds - (Borrowing) / Repayments 2010 2011

€000 €000
Ir Govt Bonds on Irish Exch (10,724,412) 493,848
Othr Ir Govt Public Bond issue 0 0
Private Placements 0 0
Nat Saving Schemes (1,022,753) (873,341)
Commercial Paper 2,623,836 5,942,313
Miscellaneous Debt 63 2,263
(Borrow)/Repay Min funds 262,114 (40,727)
Euro Financial Stabilisation 0 (8,378,170)
IMF Extended Fund Facility 0 (5,803,679)
Euro Fin. Stability Facility 0 (3,617,104)
Total (8,861,151) (12,274,596)

Note 8 Source and Application of Funds - Increase / (Decrease) in 2010 2011

Exchequer Deposits and Other Balances
€000 €000
Inc/(Dec) in Exch Balances 1,645,099 (6,302,161)
Inc/(Dec) in Deposits, Notes & Treasury Bills 254,884 8,663,367
Inc/(Dec) in Othr Balances 232 293
Total 1,900,215 2,361,500

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