Mr. David Gunning:

To be clear, 2011 also includes a €9 million provision for a pension funding issue and, therefore, the actual outturn is nearer to the 2010 number. There will always be fluctuations in prices from year to year and on mix type issues but in general our thrust is in targeting higher margin type products, hence the innovation where we are investing significantly in a range of other activities.

On the lean manufacturing, we have made top end investments in our products. I am convinced we have the best minds in terms of panel manufacturing worldwide. We have excellent people in both Clonmel and in Waterford. We take a whole company approach, however, to the way we do things. We do not take the approach that innovation and research and development is the responsibility of a small team in a particular building. Everyone is engaged in coming up with the process improvements and other ideas that will give rise to every little step of the battle in terms of how we can get an extra cent or margin. Everybody is engaged in that challenge and I am glad to report that it is showing significant improvement but whether it is SmartPly or medite, I would hold up these plants as being among the best in the world and we benchmark exceptionally well against those.

On the other issues, a question was asked about stakeholders or shareholders. Coillte has two shareholders in terms of who we pay our dividend to, namely, the Minister for Agriculture, Food and the Marine and the Minister for Public Expenditure and Reform. The Minister for Public Expenditure and Reform, who is the company secretary, owns all the shares bar one, which is owned by the Minister, Deputy Coveney. That is the legal position on Coillte's shareholding. However, we talk about stakeholders but every citizen in this country is a stakeholder in Coillte. Every walker and mountain biker or everyone who takes a bicycle or a quad bike, illegally, into our forests is also a stakeholder. We are trying to find ways to section off areas where these people can also get access to the forest in a safe manner to ensure that everybody is protected.

The question arose about land sales and €2 million represents Coillte's entire land sales whether it is one or two acres up to a large amount. We have taken our need to make a commercial return to our shareholder very seriously and we are on a journey of improvement. Every day of every year we are trying to improve the commercial nature of Coillte. That requires us to work with the cost base, be more efficient in everything we do and invest in good products and good IT and manufacturing systems which do everything for Coillte. We see us getting to a point where we can make a significant return to our shareholder, but we started life 25 years ago with almost 3,000 staff, which was the transfer of the existing forest department - Mr. Egan was around at the time; I was not - and we have been making progress on that ever since. The journey's end is in sight in terms of getting to a particular point.

The last time I was here we had a lengthy discussion about the ESB topic. We have a nationwide agreement with the ESB on how we deliver services and price. We are required to make a commercial return and, therefore, we charge a commercial price in the market for the services we provide. Solutions are found in those extreme circumstances and I am glad a solution was found in that situation, which was not just a case of the ESB volunteering, to be absolutely clear about that. Mr. Egan might deal with the grants for planting.