Mr. Stephen Mulvany:

So far, as it says in our opening statement, to the end of phase 1, the entirety of costs is €198 million. If we put that in the context of €20-odd billion a year, which is actually supported in terms of us managing spend, those costs are then broken down into ICT capital costs, which is largely software, licences and systems integrators. That is €90-odd million, and then we have costs for the revenue part of that. There is a revenue part of licences. Every time we buy a licence through capital, we pay about 22% per annum afterwards. Then there is the cost of the actual project team, which is about €59 million to date out of that €198 million. These are all costs that have moved on from what was reported in 2024 in the Comptroller and Auditor General's report on IFMS.