Mr. Richard Nolan:

Deputy McEntee asked about the value of each truck that leaves this State. We estimate that between 8,000 and 9,000 trucks will go because that will make financial sense. The value of each truck, in terms of its turnover, is between €150,000 and €250,000. This money is predominantly spent in the jurisdiction in which the truck is based. If the truck's base moves, the procurement that goes with it follows it. I have to make the point that approximately 28,000 jobs would be in jeopardy if all of this were to happen. It is close to happening. One of our hubs is based in the south east. It will go to Wales, England or France because it will make sense to do so. It is already happening. It is good that recommendations are being made. We have been talking about the functional area for a long time. All of this makes sense. The irony is that there is a development coming into Dublin. If we can hold what we have, we can turn an absolute negative into a triple positive. If we can hold what we have and grow it, we can attract elements of the large fleet business throughout Europe and the world to be administered here in the same way as the IFSC and the aircraft leasing business, which were mentioned by Mr. Gavin. These things generally happen five or ten years after the conditions are put in place. It takes time. If this business moves, the only way we will get it back - ironically - will be to use IDA Ireland to bring it back as foreign direct investment, which would be madness.