Mr. Mike Buckley:

There were job losses, obviously. To put it into perspective, we normally employ 112 to 114 people at this time of the year. At present, we have a skeleton staff working. There certainly were job losses across the country. We were grateful for the Government support. The fact it was introduced helped in the negotiating with banks. Most of our business are now in forbearance. Nevertheless, they are accruing interest charges, which means when the loans have to be paid back and the repayments kick in, there will be additional costs. Much of the money procured under the stimulus in July 2020 will go to defray some of those interest charges. It really is a bandage on a major bleed or haemorrhage. It has helped us because the majority of people in this sector have significant debts. In the coach sector, the capital outlay on coaches is quite high. For example, in 2019 more than €80 million was spent by our members on new vehicles. One can imagine the payment capacity that is required to maintain a fleet of that value.