Mr. Simon Taylor:

Just for clarity, we are conscious that we receive a substantial State subsidy of €2.3 million or 30%. Obviously, this means we must draw from many other sources and the main contribution to the budget of the National Concert Hall comes from its own activity, including concert promotion, hiring out the hall and RTE. Traditionally, the hall has been weaker at raising money from the private sector through sponsorship, philanthropy and so on and we must develop this, though times are challenging in this regard. We believe an independent foundation that is under the scrutiny of the board will allow the National Concert Hall to develop further, especially in terms of the capital development of the site.