Mr. Michael Murnane:

To clarify for the Deputy, 50% of the facility is on interest only. The remaining will go on capital repayments from 2014. The stated board objective was to develop Limerick with regard to the original strategic plan from 2007 to 2012. This capital programme has now been delivered and the focus is back on bank debt, reducing borrowings and getting as much value from the assets and infrastructure in place which are modern and fit for purpose. As stated in the strategic plan, we should be in a position to generate income whereby we can repay the loans over the period of time.