Sean FitzPatrick: listed as an ordinary shareholder in Solitude Limited

A company part owned by former Anglo Irish chairman Sean FitzPatrick owns a fully-let factory worth €6.6m and has shareholders' funds of €4.3m, latest filings show. The company, Solitude Limited, which is ultimately owned by printing firm Lithographic Group, paid dividends of €300,000 in the period to December 2007, the accounts show.

The company says it is involved in property rental and FitzPatrick is listed as an ordinary shareholder and also a preference shareholder in related companies. The other director is Cormac McAlinden, founder of the Lithographic Group and Mac Publishing.

The factory has been valued on an open-market basis and its value did not change in the year under review. The directors, FitzPatrick and McAlinden, state that the group's borrowings are secured on assets with a market value in excess of the book value and these assets can be sold to "generate liquidity should the need arise''.

Accounts for the ultimate parent, Lithographic, where Anglo Irish is among four listed bankers, show turnover slightly falling to €3.3m from €3.5m, with profits sliding from €1.6m to €291,589.