Mr. Michael Horgan:

We might have to come up with something at that stage. We cannot presume anything, but we hope to be in a position to persuade.

On the question of the cash flow of colleges and institutes, I cannot answer that because I do not have the knowledge as I have had only one board meeting. However - and I ask Dr. Looney to correct me if I say something heretical - we have colleges and institutes that we class as borderline and that we need to mind carefully and so on in terms of funding. That is for various reasons. It could be that they are not meeting budgets. I suspect that is why that funding has been moved forward a little. I am guessing that is the case but I have not caught up on the matter yet.