Mr. John Crawley:

It is in the Grand Canal dock area. As it is currently subject to sale and if the Deputy does not mind, I will not go into detail, as the matter is slightly commercially sensitive. We will report it to the committee in the fullness of time. The rationale changed over a period. Previously, we had expensed the asset's purchase as a cost, but we now recognise that we may achieve some value for it commercially and have recorded it off the balance sheet.

A number of other assets fall into the infrastructure-type space. For example, we have a comprehensive ducting network in the IFSC and the Grand Canal dock area. We expensed its development. However, it has a commercial value because we rent it and we value it as a multiple of the rent that we achieve on it on an annual basis.

These are the two principal categories, although there are a number of smaller items.