NationalNa Development Finance Agency NationalNa Development Finance Agency National Development Finance Agency Finance Development National Annual Report 2013 Annual ReportAnnual 2013 National Development Finance Agency Treasury Building Grand Canal Street Dublin 2 Ireland Tel: 353 1 283 4000 Email:
[email protected] Web: www.ndfa.ie This report is printed on recycled paper. Contents NDFA – Role and Functions 4 Overview 2013 6 Infrastructure Debt Funding 10 Progress on Projects where NDFA Acts: As Procuring Authority, Financial Advisor & Contract Manager 12 As Financial Advisor 22 Governance 29 Appendices List of State Authorities 31 Financial Statements 32 Gníomhaireacht Náisiúnta d’Fhorbairt Airgeadais National Development Finance Agency 27 June 2014 28 June 2013 Mr. MichaelMr. Michael Noonan, Noonan, TD TD MinisterMinister for Finance for Finance GovernmentGovernment Buildings Buildings UpperUpper Merrion Merrion Street Street DublinDubin 2 2 Dear Minister,Dear Minister, I have Ithe have honour the honour to submit to submit to youto you the the Report Report and and AccountsAccounts of of the the National National DevelopmentDevelopment Finance Finance Agency Agency for for the the year year from from 1 1 January January 20122013 to to 31 31 December December 2012. 2013. Yours sincerely, Yours sincerely, John C. Corrigan Chairman John C. Corrigan Chairman Foirgneamh an Chisteáin, Sráid na Canálach Móire, Baile Átha Cliath 2, Éire Treasury Building Grand Canal Street, Dublin 2, Ireland Guthán 353 1 664 0800 Facs 353 1 676 6582 Telephone