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English - Irish Rail

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Annual Repor t and Financial Statements 2009<br />

NOTES TO ThE FINaNCIal STaTEmENTS (CONTINuED)<br />

. INTEREST PAYABLE<br />

2009<br />

€000<br />

On loan from holding company 1, 0 2,139<br />

On finance leases 1, 0 2,055<br />

Interest apportioned:-<br />

2008<br />

€000<br />

,1 0 4,194<br />

Operational costs 2,0 2,686<br />

<strong>Rail</strong>way infrastructure costs 1,1 1,508<br />

. STATE GRANTS<br />

,1 0 4,194<br />

The grants payable to the company through the holding company, Córas Iompair Éireann, are in accordance with the<br />

relevant EU regulations governing State aid to transport undertakings.<br />

Particulars of the State grants of €613.1 million received in 2009 are given in the following table, showing the relevant<br />

provision of EU regulations. A sum of €111.2 million in relation to grants received on buildings was passed back to the<br />

holding company.<br />

Revenue related<br />

Mainline rail<br />

EU Regulation<br />

Number<br />

1191/ 9<br />

€000<br />

110 / 0<br />

(Article )<br />

€000<br />

Operation of passenger services 122,09 - 122,09<br />

Suburban rail<br />

Total<br />

€000<br />

Operation of passenger services 1 , 1 - 1 , 1<br />

Sub total 1 0, 2 - 1 0, 2

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