Mr. Edward Storey:

There is talk of a cost base of €5 billion which includes the cost of maintenance over 25 years and all other associated costs. From what we have heard, there is a subsidy of €3 billion to the taxpayer. We contend that instead of there being a subsidy of €3 billion, a subsidy of €1 billion would be the residual sum. Between maintenance and revenue the bit that is missing is €1 billion. It is true to say there would be further costs over the life of the project, but they would be recovered from the revenue we would receive through the plan.