Mr. Jeremy Masding:

As I explained to Senator Horkan, our return on equity is probably 3% to 3.5%. The market average in terms of our minimum return is 10%. Our profitability, as I indicated in response a question from the Chairman, was €4 million last year. We are trying to balance the value equation between trying to get all the money back to the taxpayer but at the same time giving value to our customers. Unfortunately, much of what we inherited is economically unviable and they are the choices we are having to make. Mr. O'Sullivan might want to add a further comment.