Ms Breda O'Keeffe:

There is €53 million outstanding with Barclays Bank, of which €40 million was to fund the transmission network which RTÉ built in 2012. It cost in excess of €60 million. The Barclays project finance enabled it. Barclays Bank is an important business partner for us. The loan is secured on the assets and the income, if we or 2RN do not pay. However, 2RN is a profitable subsidiary in the overall RTÉ group, meaning that there is not an issue in that regard. It is not unusual to have project finance facilities secured on the assets with which they were built.