Ruairí Ó Murchú (Louth, Sinn Fein) | Oireachtas source

In fairness, it is good to hear that, because that was our fear. I will be honest - it was the example of the initial paying of the €20 million performance bond that caused people to get worried and to think it was a cash flow issue, but that is not the case.

I wish to return to the question of debt and equity or debt versus equity, for want of a better term. I will move through this quickly. I suppose that is what would have had to have been built into the contract. Mr. Hendrick will probably tell me that this was the case and is how it is done across the world. Why is it not just all straightforward equity? I also understand the idea that it would make sense from an investor's point of view that the investor is getting a payment back on that, so therefore it suits the investor. I am not trying to be unfair here, but this is a layman's reading of it.