Mr. Aidan Murphy:

I feel it is there.

In regard to the capital investment, the €400,000 is actually our net profit at the end of last year. We are, for example, investing more than €9 million in new fleet from our own resources this year. We have been grant aided €25 million by the NTA for investment in the PSO fleet. All of the time, we are trying to built up the reserves and built up the profitability to reinvest in the fleet and to bring down the average age of the fleet which, at the end of the day, is essential to provide a sustainable business model going forward.

In regard to my own time, I do not have any other directorships but that is not to say that might not happen in time. Right now, I act as a consultant on my own behalf and, therefore, I have the time available to give. At the end of the day, I am not an executive in charge of the company. I will operate on a part-time basis but it is the management team, myself, as chairman, and the board who will direct the strategy and ensure the corporate governance within the organisation is second to none. That is where I see my brief. I can assure the Deputy time will not be a barrier.