Mr. Donal Rooney:

I want to answer on that particular question. The Deputy asked what led to the price. I think there are two core elements that led to the price. One was the carrying value at 31 December 2013, which is in the paper at €1.475 billion. That is a factual figure. Second, again the Deputy is looking at an appropriate discount rate on top of that figure, which as set out in the paper is a minimum discount rate of 10%. When one cuts through everything else these are the two core elements that led to the minimum price.