Dr. Dónal Palcic:

We have not done that, but KPMG and the Department have. Consider KPMG's ownership report. When it examined the public ownership option, it assumed that that option would have more or less the same costs and revenues as all the other options. The key differences were some higher start-up costs, given that this would be a new State enterprise, and the strategic value that KPMG assumed would arise under the gap funding model. That is what KPMG said was the difference. It has access to all of the costs and figures whereas we do not because everything has been redacted.