Mr. Greg Ennis:

I will finish on this. There was mention of bonds and so forth, but with regard to the funding aspect, this document is explosive, despite what Mr. Carlyle says. He has validated that it is a real document. It refers, under the many options, to the use of property and contingent assets. The company did not choose to do that. It did the funding plan that went ahead. The document states that it is likely there will be strong resistance from the unions' members to such a plan and that it would require the board, at the very least, to reaffirm that it is not its intention to renege on its previous commitments to the unions' members with regard to the payment of post-retirement increases if the scheme funds are not in a position to pay them. That is a CIÉ document and we discovered this in recent days. That is simply not good enough.