Mr. Pádraig Dalton:

There are four primary globalisation activities that can give rise to changes of this nature, namely, aircraft leasing, contract manufacturing, relocation of assets and corporate inversions. At the press conference in July, the CSO made it clear that aircraft leasing was an element but it was not the significant element that led to the change. As we have said in our opening statement today, the big factor driving the change in July was the combination of relocation of IP and the associated contract manufacturing activity that goes with that.