Mr. John Crawley:

The accounts the Deputy has before him show the authority has a net asset value of approximately €5 million. This means that if we disposed of everything on the balance sheet, on that date there would be €5 million in surplus assets over liabilities, as at 2012. We are currently in the process of preparing the 2013 accounts, which are in draft form, but have not been audited yet. On the face of it, it looks like the net asset value is holding at around that level. In accounting terms, I suspect the value will be in the order of €5 million, but this does not include a number of other assets we do not record on our balance sheet, approximately €3 million.