Ms Maria Graham:

There are domestic and non-domestic charges in the business plan model, as well as a subvention which equates to the State purchasing water as a customer in respect of the capped charges or free allowances. The amount is equal to the allowed revenue set by the regulator. What it sets as the allowed revenue covers operational expenditure and the cost of funds referred to previously to fund the capital programme. A combination of a surplus in revenue over operations, an equity provision which in the coming years will average €270 million and an amount of debt raised make up the capital spend.