Mr. Tom Donnellan:

We went through a significant restructuring last year to ensure the company was financially stable and resilient to be able to deal with the challenges we knew were coming. Bord na Móna had some private placement debt which it had taken out a number of years ago in the days of very high interest rates based on some renewable energy assets that we had built. We were obliged to pay back the loan last year. If we did not did not pay it back, the assets would have been taken.