Mr. Seamus Coffey:

We do not have the information to assess the number of companies involved or whether it is a particular company. There is no doubt that the scale of the increase in the capital stock is huge and there are not many companies, even if one were to add them together, that would give that size of growth. Our capital stock grew by €300 billion and we know that most of that was intangible because Ireland simply does not have €300 billion of factories, roads or houses. It had to be a huge increase of intangible assets. Even if one considers other large sectors in Ireland, for example, the pharmaceutical industry with its intangible assets such as patents, one would have to go across quite a large number of companies moving a large amount of assets to Ireland in a very co-ordinated fashion at a particular point in time for it to have that impact. It does clearly point to a small number of companies. I am not sure how small is that number and we cannot be certain whether it is one particular company. It does, however, point to a very big shift of assets to Ireland.