Cian O'Callaghan (Dublin Bay North, Social Democrats)

Briefly, we have a situation where there are very considerable profits and a very low tax contribution, including the revenue that comes in from the levy, which is well below normal corporation tax levels, and at the same time a Minister asking what if this gets passed on to the individual bank customers. With regard to mortgage spreads, the amounts that the banks take in profit off mortgages in Ireland is way in excess of other countries. Is that going to be tackled? They are already taking way more in profit off people who have mortgages and that actually contributes to the housing crisis and our affordability crisis in housing. It is a contributory factor that needs to be tackled.

I will ask the Minister one thing. From the analysis that was done, how much longer will these losses be carried forward?