The National Asset Management Agency (NAMA) has reported a pre-tax profit of €7m for the first three months of the year.
The agency said it had generated cash of €54m over the period and a further €57m between April and June 23rd.
This brings the total cash generated since it was set up to €47.5 billion.
By the end of March NAMA had transferred €3.9 billion to the exchequer, made up of €3.5 billion in surpluses and €400m in corporation tax.
It plans to transfer another €350m during the rest of this year, bringing the total to €4.25 billion.
It added that it expects its lifetime contribution to the exchequer to ultimately reach €5 billion.
To date, NAMA has funded and facilitated the delivery of 30,699 new homes, including 28,553 units delivered since 2015.
Of these, 13,915 were directly funded by NAMA either though the provision of funding to debtors and receivers or facilitating development through a licence agreement or joint venture.
A further 16,784 were delivered on former NAMA secured sites which benefitted from NAMA asset management and/or funding prior to their sale or refinance.
So far in 2023, 119 residential units have been delivered and a further 442 units are under construction.
NAMA's remaining secured landbank is estimated to have the potential to deliver around 15,310 new homes in the medium to long term.
At end of June it sold its 20% shareholding in Pembroke Ventures which owns a key site located within the Poolbeg West Strategic Development Zone (SDZ) in Dublin.
It has the potential to provide up to 3,800 residential units and a million square feet of commercial development, as well as educational facilities, public open spaces, civic spaces, and other community amenities.
