Marc Ó Cathasaigh (Waterford, Green Party) | Oireachtas source

The witnesses get my point around having quite so much cash lying around. It is not something I would feel comfortable about, but if it is ring-fenced and set beside projects that are in the future then that answers my question in that sense.

Another question I want to ask in this general financial space is about how 93% of Waterways Ireland's assets are these operational assets. These are the canals. I am leaving the situation on the Grand Canal in Dublin to one side. I would use stronger language in respect of it. In general, however, the networks feel a little unloved and neglected to me in any case. I want to ask about the spend per kilometre and whether Mr. McDonagh could put that against international comparators. What are we spending per kilometre on our canal network here versus, let us say, Scotland or England, which would be the closest comparators?