Ms Ann Nolan:

There was a funding cliff because the structure of the guarantee was for two years, there was a funding cliff, and on top of that when we looked for extension of the guarantee - I think it was that June from the Commission - they were late in giving it to us, and that in itself reinforced the funding cliff. So there were ... it wasn't just the guarantee itself, there was other things which contributed to that, but certainly that was a factor. It was a factor in the ELA being as big as the Deputy just pointed out.