Ms Elaina Fitzgerald Kane:

The Deputy mentioned 90% occupancy, but we do not have sight of how that occupancy is built up. It can start in the form of building a base at what is probably below-cost selling. It is unfortunate that, perhaps as part of that business model, this can happen, or it could be that contracts were in place that, because of inflation, no longer cover the cost base. I am not saying that is acceptable but rather that it might be part of the reason.