Seán Fleming (Laois, Fianna Fail) | Oireachtas source

It is obviously more than last year. The amount is cranking up and I can understand that.

Page 26 refers to total capital commitments in the future. The money for 2018 has been paid. Mr. Gunning stated the board's balance sheet at the end of December last year showed contracted capital commitments to be paid within one year, which means in 2019, of €265 million. They are not in the financial statements because they have not occurred yet. Am I reading that right?