Catherine Murphy (Kildare North, Social Democrats)
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I want to get through a number of topics so I will try to be succinct with my questions and I ask the witnesses to keep their replies as short as possible. I would appreciate that. With regard to the transfer of buses, which Mr. L'Estrange has said are of varying ages, from Dublin Bus to other parts of the NTA's fleet, the NTA paid the nominal sum of €1. The NTA treated these as an accounting gain of €12.4 million. That will have improved the authority's balance sheet for 2018, but that gain will not be present for the following year. Will Mr. L'Estrange talk us through that and give us some idea of the age of the buses, because they will obviously continue to depreciate in value?