Dr. Paul McGowan:

We will revert to the committee regarding the total amount of leakage since the review commenced. On the non-spending, one of my colleagues may contribute further once I have provided an overall view. There were significant reductions across the capital programme for ESB and ESB Networks at that time because of the financial crisis. There was a very significant reduction in its capital expenditure because of ability to access capital markets. In addition, capital programmes have impacts on tariffs and every effort was being made to contain any price-increasing effects. At the end of the overall PR3, we reviewed whether, in spite of the fact that it spent less in capital expenditure across the board, the amount that was spent was spent efficiently. That is our normal approach. In broad terms, we accept that during PR3 there were significant capital constraints across the economy and the ESB was affected by that and, as a result, its capital programme was scaled back.