Mr. Peter Walsh:

I will deal first with the tolling contracts and the notion that the toll companies are making a lot of money out of the contracts. I appreciate there is a lot of paper but I thought we should be comprehensive in what we provided to the committee. At Appendix D, page 10, we have reproduced the profit on ordinary activities in the profit and loss accounts of the PPP companies’ audited financial statements, and these are up to 31 December 2022. These are the facts in the public domain.