Mr. Seamus McCarthy:

There were three matters that required adjustment. First, there was an accrual. A requirement for back pay which totalled €0.47 million had to be recognised. There was also a provision for funding under the Building Momentum pay agreement. The agreement allocated 1% of basic pay to sectors to deal with outstanding complaints, and it was appropriate for it to recognise an accrual in respect of this to the total €1.3 million. The final element was a provision for hourly paid part-time assistant lecturers. There was an accrual of €2.1 million where there was an agreement to compensate staff in respect of the terms of their contracts. This also needed to be recognised.