Mr. Seamus McCarthy:

The statement on internal financial control deals more comprehensively with these issues. If the committee members review that statement, they will have an idea of the kinds of weaknesses and so on that exist. This was effectively the first year of operation of Caranua. It was established in 2013 but there was little spend that year. The organisation was putting systems in place. Caranua was struggling with having the right number of staff and continuity of staffing as well as getting its systems in place. It has taken some time to get the financial statements for 2014 completed. Currently, the financial statements for 2015 are being audited.