agree Dam: but part of the reason for losses in previous years was because they 'bought' those assets during those years. also as far as I am aware the still have the parcel office site on the naas road for sale (€30m) and later on a few large premises which are no longer being fully used as the delivery offices have moved to greenfield sites and the telephone exchanges at the rear of them are vacant since God knows. Drogheda and Galway are two in prime locations but there could be more. those greenfield sites were also developed during the years of ' losses' so why shouldn't the profits from sales of property released be counted as profits during the year of sale?. Sharman, I assume you are not saying people who worked 40/50 years for An Post/Dept p&t should be left on fixed pensions forever. in most cases they have no other income and are not eligible for social wefare. we are supposed to treasure our senior citizens, not ignore them. Daithi:they still might
. An post certainly seem to have problems. social welfare payments maybe moved to the banks ( do the banks want small customers?) electronic mail is bound to be having an effect. Bank of Ireland who have an agreement with the British Post Offices recently named those customers as 'sub footfall' (nice). the price of petrol etc is also bound to have had a large impact on the cost of transport etc etc. So I assume they are entitled to their price increases. my dad says that according to the union 78 pensioners died during the two years an post witheld the sustaining progress, with an post claiming inability to pay. just seems wrong if the money was there all the time.