Mr. David Stokes:

That will ultimately depend on what rate the State decides to fund at. It could make the choice of funding on a short-term basis, as Irish Water is doing at present. That might not make a lot of sense given that this is investment in long-term infrastructure. The State, for example, could fund it on a ten-year basis at around 1.2% or 20 years at 2%, but that decision has not been taken. I cannot give an actual figure on what the saving will be but the like for like difference at the moment is the €14 million figure.