Mr. Seamus McCarthy:

As a general rule, we see the risk of this happening with prepayments. Across the government sector, prepayment is generally not regarded as a good idea. It is too risky unless careful controls are in place. We have reported previously on prepayments in other organisations. It is relatively unusual to see. Normally, the level of prepayment in a set of financial statements is not particularly high. I drew attention to this example because there was a loss as a result.