Mr. Niall Cody:

In a way, a large number of the entities in the debt warehouse would be companies. Corporation tax would tend not to have been a big part of the liability of small companies - it is mostly VAT and payroll. CT was not covered by the warehouse. To have a corporation tax liability, you must have profits. In the period of the pandemic, the profits went down. One can see the level going down. I mentioned in the opening statement that we got an additional €385 million from CT from small and medium enterprises that are predominantly Irish entities. Corporation tax tends not to be a big default item. Most liabilities are VAT and payroll.