Mr. Michael Casey:

Whereas this year the institutions may have obtained that €25 million in advance and would be holding it, had it not been incurred, in cash at the end of the year, they will no longer receive it in advance. They will still be able to account for the expenditure it will meet, but they will have €25 million less in cash and have a €25 million debtor instead. It will still balance in terms of the expenditure level.