Ms Jennifer Banim:

To confirm this for the Senator, we will be continuing to compile and publish GDP and GNP, as we have to under EU legislation. As the Senator said, they will remain the headline indicators that global and national users will look to.

The Senator asked a good question about depreciation and the amount involved to move from GNP to net national product, NNP. As we have outlined, the extent of the relocation of capital assets meant a €300 billion jump in Ireland's capital stock due to the intangible assets that moved at the beginning of 2015. This led to a significant increase in the estimate for depreciation in the accounts, as the Senator has identified.