Mr. Enda McGuane:

We have taken life-cycle costings out for 50 years as to when we will have to replace various elements of the asset. We are looking right out into the future in the context of the whole fabric of the asset and the fact that roofs, etc., will have to be replaced. We have budgeted all our costs. It is not a percentage per se, but we have key milestones as to when a roof has to be replaced or when white goods have to be replaced. The key focus is on ensuring we have the ability to keep the quality of the homes up to their high standard as of day one. Our model includes those interventions all the way through the 50 years in terms of the life cycle.