Ms Niamh Callaghan:

The public transport capital allocation is focused on new projects but also on the protection and renewal of different assets. On the current side, it is around the public service obligation, PSO, and ensuring there is sufficient current operating expenditure to pay for the cost of running the different public transport services minus the fare revenue that is generated. The maintenance, protection and renewal of assets is predominantly capital expenditure and we would negotiate with the Department each year on both the PSO current expenditure and the capital protection and renewal spend.