Mr. Frank Allen:

It is incremental, yes. Until such a time as we get the letter, it is appropriate for us to be a little cautious because we do not know what other calls or competing demands need to be dealt with.

I will address the question of passenger numbers, where all the money is going and if it is funding infrastructure. We are delighted that passenger numbers are increasing. It is great news for us and for everybody. That increases revenues. It is reducing losses that we have incurred in other years. A small amount of cash has been made available from that for fixed infrastructure, which is not ideal because fixed infrastructure needs to be funded by a separate Exchequer allocation. The principle for the separation between the infrastructure management and the railway undertaking that Deputy O'Keeffe was asking about earlier is that within approximately five years, the funding of the railway needs to be set up so that the railway undertaking - the operating part - breaks even or makes a modest profit., but sufficient funding would never be generated from additional ticket sales to allow us to invest substantially in new signalling or rolling stock. That is not how the economics of it work in Ireland or any European country.