Mr. Seamus McCarthy:

There is €1.6 million of expenses incurred or likely to have been incurred by the time the university settles with the contractor being written off. I do not know how much work has been done or the nature of it. It is a complicated situation. There are many connected issues between the borrowing, the repayment of the borrowing and the levy imposed on students. It is a matter we are examining in the context of the 2021-22 financial statements, which should be completed soon.