Ms Hilary Murphy-Fagan:

I thank the Deputy. As I have called out and as is in the chapter, there are 31 different financial management systems. They range in age and functionality. Many of them are legacy systems. The external independent view of these systems is that if they were all to be upgraded to continue in a stand-alone way without a single common chart of accounts, which is essential to deliver financial reporting reform and introduce accrual accounting, the cost to the Exchequer would probably be somewhere in the region of €40 million to €80 million. There is quite a significant range of technology upgrade and this was never factored into the original business case but it is-----