John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

The remainder of my questions are mostly for Mr. Mulligan. I refer Mr. Mulligan to his opening statement in which he stated that property-related advertising accounted for less than 1% of total commercial revenue at its highest point in 2007.

He said the total for the financial institution category was less than 5%. I ask the witness to outline briefly those two categories from the point of view of property-related revenue in particular.

A lot of advertising in different forms of media comes from other categories that are not directly linked with property in terms of the actual construction sector, whether it is electrical supply companies, home furnishings or anything else. Does the 1% figure include those industries which were directly linked to construction but were not actually construction themselves?