Ms Breda O'Keeffe:

I might also finish off the point about evasion. It is not conceivable that the current evasion level of 15% would decrease to 0%. The rate in the United Kingdom is 5% or 6%. The percentages are lower in some of the Scandinavian countries. While the rate of evasion here is 14% or 15%, it must be borne in mind that the rate is 0% in very few countries. The pot about which we are talking is probably between €20 million and €22 million.

In commenting on the bank debt I welcome Deputy Timmy Dooley's affirmation of our decision-making process for the land sale. We said clearly from the outset that the land was being sold to enable RTÉ to restructure, invest in capital, strengthen its balance sheet and capital structures and invest in the future. We welcome the Deputy's comments in that respect.

The proceeds of the sale were used in the first instance to repay €10 million of bank debt before the end of last year. That figure is included in our accounts. At the end of December our bank debt was €49.5 million. It is still high, but we reduced it by €10 million directly. As was rightly pointed out, the remainder of the proceeds will go towards the organisation's restructuring programme and the capital investment projects we have in mind.