Mr. Fergal Mulligan:

At the time of the bid, the €2.6 billion would have taken into account the likely risks and issues, including inflation. That is within the €2.1 billion in the first instance. In all contracts, one assumes some level of inflation over 25 years. The €500 million contingency has catered for unanticipated events such as added inflation. The €2.6 billion is capped. On the risk to the consortium and the investors, if there is hyperinflation for longer than we think, the consortium is at risk for that and would have to put in more funding to make up any shortfalls over and above the €175 million.