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Ireland · Question · oral

PQ 5

5 Deputy Pearse Doherty asked the Minister for Finance if he accepts that the use of the effective interest rate methodology by the National Assets Management Agency in the Q3 of 2010 accounts rather than reporting interest actually received on performing loans, leads to an overstatement of their profits for that quarter and as a result provides a misleading picture to the general public of their operations during that time. [10285/12]

askedIreland· Dáil Éireann· EN

Introduced

22 February 2012

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oral

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Discovery layer

Source updated

22 February 2012

Summary

5 Deputy Pearse Doherty asked the Minister for Finance if he accepts that the use of the effective interest rate methodology by the National Assets Management Agency in the Q3 of 2010 accounts rather than reporting interest actually received on performing loans, leads to an overstatement of their profits for that quarter and as a result provides a misleading picture to the general public of their operations during that time. [10285/12]

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National Asset Management Agency

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