Mr. Ray Coyne:

No, it is an annual cash cycle, so we cannot commit to what services we will introduce next year until we see what value is there. Multi-year funding is important because it allows the State, the operators, the NTA and the Government to tell a long-term story and give people certainty, when they are making decisions to buy private cars and so on, that they will have certain services for a given number of years, and that is important. I hope that in two years, we will be back to 150 million.

The 90-minute fare has been welcomed. We can never give enough information to customers, so we will continue with the NTA to advise customers of the change, but it has been broadly welcomed. It will assist with changing habits, particularly in the younger generation, and with trying to get them to continue using the bus. It is easier to get a customer to stay with the bus than it is to attract a customer onto public transport, from a cost point of view, which is true of any business in any industry. That will help us hold on to customers and the change has been welcomed.

On the new fares, the Minister will make an announcement on that and, therefore, I am not at liberty to comment on when it is coming in, although it is imminent. Dublin Bus will give a significant reduction of 20% on our machines. We are ready and waiting to implement it and will do so overnight. Once we have been advised, it will be done through a wireless system on our buses. Despite reports in the media, that is how these changes are made.