Mr. John Dempsey:

Essentially, the price control submission would cover the three-year period from 2014 to 2016, inclusive. It will lay out our strategy to deliver the Government's objectives of providing a safe, clean and affordable water service to consumers. We will outline our strategy, which is based on the utility model, and we will go into quite a bit of detail on the individual elements of the utility model. In that regard, if we consider other economies that have gone down this road, there is probably a well established model there. The regulator mentioned its interaction with other regulators and we would be familiar with that model. We would give the detail that the regulator will need to form an opinion on our costs and it will be based on expenditure, so we will submit our operating expenditure and our capital expenditure proposals.