EXCHEQUER STATEMENT

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

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Receipts and Expenditure - Current €000 €000

Receipts
Tax Revenue Note 1 7,235,554 7,505,717
Non-Tax Revenue Note 2 103,926 76,064
Total 7,339,480 7,581,781

Expenditure
Voted (Departmental Expenditure Voted Annually by the Dail) Note 4 (9,717,419) (10,333,439)
Non-Voted Non-discretionary Expenditure charged directly on the Central Fund
. Sinking Fund * Note 5 0 0
. Other Non-Voted Current Expenditure Note 5 (1,328,175) (1,425,025)

Total (11,045,594) (11,758,464)

Surplus / (Deficit) on Current Account (3,706,114) (4,176,684)

Receipts and Expenditure - Capital

Receipts
Other Capital Receipts Note 3 835,747 765,967
Total 835,747 765,967

Expenditure
Voted (Departmental Expenditure Voted Annually by the Dail) Note 4 (1,021,726) (593,548)
Non-Voted (Expenditure charged under particular legislation) Note 6 (49,477) (3,061,908)
Total (1,071,203) (3,655,456)

Surplus / (Deficit) on Capital Account (235,456) (2,889,489)

Exchequer Surplus / (Deficit) (3,941,570) (7,066,173)

Source and Application of Funds

Total (Borrowing) / Repayment Note 7 (9,257,819) (13,794,845)
Total Increase / (Decrease) in Exchequer Deposits and Other Balances Note 8 5,316,248 6,728,673

Exchequer Surplus / (Deficit) (3,941,570) (7,066,173)

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 March 2011

Note 1 Tax Revenue 2010 2011

Tax Head Customs 45,386 62,868
Excise Duty 909,277 1,006,496
Capital Gains Tax 105,802 71,239
Capital Acquisitions Tax 56,206 25,482
Stamps 141,725 123,880
Income Tax 2,611,697 2,867,488
Corporation Tax 121,270 216,956
Value Added Tax 3,215,680 3,109,796
Training and Employment Levy 181 128
Unallocated Tax Receipts 28,330 21,384
Total 7,235,554 7,505,717

Note 2 Non-Tax Revenue 2010 2011

Surplus Incomes / Royalties Central Bank Surplus Income 38,090 0
National Lottery Surplus 45,000 40,000
Interest on Loans Local Loans Fund 3 1,495
Other Advances 3,286 8,239
Other Receipts Property Registration Authority Fees 7,400 6,300
Motoring Fines 1,891 3,869
Other Receipts collected by Departments etc. 6,135 9,597
Pension Levy 1,669 3,225
Miscellaneous 453 3,339
Total 103,926 76,064

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

Note 3 Capital Receipts 2010 2011

EU Receipts European Regional Development Fund 45,272 24,355
Other EU Receipts 16 16
EU Solidarity Fund Contribution 0 13,023
Loan Repayments Local Loans 43 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 0 1,406
Statute
Other Capital Receipts IDA Ireland 0 110
FAS Receipts 8 0
Miscellaneous Capital Receipts 409 1,150
Total 835,747 765,967

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

Vote Group Agriculture, Fisheries and Food (249,860) (203,856)
Arts, Sport and Tourism (118,234) (54,141)
Communications, Energy and Natural Resources (42,128) (40,989)
Community, Rural and Gaeltacht Affairs (103,896) (59,604)
Defence (202,203) (197,998)
Education and Science (2,055,347) (2,208,603)
Enterprise, Trade and Employment (280,213) (163,523)
Environment, Heritage and Local Government (481,681) (273,509)
Finance Group (234,314) (250,925)
Foreign Affairs (186,571) (188,017)
Health and Children (3,198,751) (3,510,911)
Justice Group (517,311) (510,016)
Social and Family Affairs (2,602,966) (3,083,995)
Taoiseach's Group (incl Legal Votes) (33,764) (39,029)
Transport (431,906) (252,156)
Recovery of Advance to Recovery of Advance to Social Insurance Fund 0 110,285
Social Insurance Fund
Total (10,739,145) (10,926,987)

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

Note 5 Non-Voted Current Expenditure 2010 2011

Service of National Debt Interest (733,250) (791,048)
Other Debt Management Expenses (28,846) (57,091)
Other Non-Voted Contribution to EU Budget (503,212) (503,455)
Expenditure
Payments to Marathon Petroleum Ire. Ltd. (6,330) (2,868)
Election Expenses (355) (13,860)
Payments to Political Parties under the Electoral (3,464) (3,880)
Acts
Salaries, Pensions and Allowances (9,863) (10,424)
Oireachtas Commission (24,519) (23,950)
IDA & ADF - Payments under Development Banks (18,000) (18,000)
Acts, 2005
NDFA Act (317) (433)
Miscellaneous (19) (18)
Total (1,328,175) (1,425,025)

Note 6 Non-Voted Capital Expenditure 2010 2011

Share Capital Acquired in NAMA (49,000) 0
Companies
European Communities ERDF/Cohesion Fund/TENS (467) 0
Acts, 1972 to 1998
Other Capital Payments Carbon Fund Act 2007 0 (1,903)
Other Payments under Statute (10) (5)
Promissory Notes issued under the Credit 0 (3,060,000)
Institutions (Financial Support) Act 2008
Total (49,477) (3,061,908)

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

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

Ir Govt Bonds on Irish Exch (10,015,328) 275,888
Othr Ir Govt Public Bond issue 0 0
Private Placements 0 0
Nat Saving Schemes (719,332) (729,039)
Commercial Paper 1,660,046 4,760,073
Miscellaneous Debt 63 63
(Borrow)/Repay Min funds (183,267) (302,878)
Euro Financial Stabilisation 0 (8,378,170)
IMF Extended Fund Facility 0 (5,803,679)
Euro Fin. Stability Facility 0 (3,617,104)
Total (9,257,819) (13,794,845)

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

Exchequer Deposits and Other Balances
Inc/(Dec) in Exch Balances 5,534,592 (904,129)
Inc/(Dec) in Deposits, Notes & Treasury Bills (218,530) 7,632,563
Inc/(Dec) in Othr Balances 187 238
Total 5,316,248 6,728,673

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