Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I welcome Mr. Murphy and Mr. Vaughan and I thank them for their time. I will start on the issue of the reliance of the Irish Examineron income from property related advertising. Mr. Murphy indicated 7% of the total revenues of the Irish Examinerwere accounted for by property related advertisements. I appreciate Mr. Murphy is not required to give us commercial data in that sense. However, he put on the record in his opening statement that the ratio of income was 60% from advertising revenue and 40% from circulation. Therefore, if 7% of the total revenues were from property related advertising, then in the region of 11% or 12% of advertising revenue came from property related advertising.