Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

That works out at a payment of €11,375. In simple terms, therefore, the average shortfall is going to be approximately €6,125 per claim.

That bleeds into some €12.25 million of assets which is required from the company in order to fix up the shortfall that exists, as that is 35% of the overall liabilities. Mr. Casey talked about the ratios and provisions that had to be in place. Have we any indication what level of provision we would expect to be in place? He referred to a figure of 1.5 times but we are looking at just 35%. Mr. Casey also made a point in regard to the form of assets that are the buffers, how liquid they are and how accessible they are ultimately to the liquidator. Can he give us some detail on what he would expect to find when he scratches beneath the surface?