Ms Dee Forbes:

The Senator's first question was about investment in the regions. As I mentioned, our regional contributors - journalists and studios - are hugely important to us. Members might recall that owing to the cuts made a number of years ago under my predecessor, the regional studios were affected significantly. We moved from having studios and aligned with some of the ITs in local areas. Again, we have had to make some hard choices. For example, in Galway, just over a year ago, we aligned with the Galway-Mayo Institute of Technology. We moved out of central Galway to the college campus to be mindful of our costs and scale back on them. I am hopeful it will not mean fewer stories from Galway; it has just meant that we have had to reduce our costs and be sensible in having a front-facing premises versus one that is aligned with the college.

Our chief financial officer, Ms O'Keeffe, mentioned that our ability to invest in capital was incredibly restricted. That goes back to the overall funding position. There is no doubt that we would like to do more in these areas, but we have to be incredibly careful about where and how we spend money. I would like to invest more in Cork, Limerick, Waterford and Galway, but until we have some security about our future, I do not believe we can put much more into these centres. We have to make some very hard choices, particularly in terms of investment in capital. I have mentioned that we will use money from the proceeds of the land sale for capital projects, but it will be eaten into very quickly. We are trying to be as creative as we can in where we spend money from our existing capital budgets. We must decide whether we will upgrade technology and ensure we are operating at the optimum level. We will do that, but how much more we do will be dictated by our future funding position.

Does Ms O'Keeffe wish to add anything to what I have said?