Catherine Murphy (Kildare North, Social Democrats) | Oireachtas source

I will come back to something I touched on this morning relating to contingent liability. There was a Supreme Court case in 2017. The court ruled, with regard to the 1%, that claims for future loss should be calculated at a real rate of return of 1.5%. This results in a higher net percentage value being placed on projected future cashflows. There has been an increase as a consequence of that. Is that a real cash increase? Does it have an immediate impact? How does it play out into the future?