Mr. Seamus McCarthy:

As I said, there was also the loss incurred on the disposal of land in a land swap. I do not propose to read out the names of all of the subsidiaries there. They all received a clear audit opinion but with regard to the Tipperary Race Company Plc, I again draw attention to the loss on the disposal of land there.

The final set of accounts that have been presented for noting relate to Waterways Ireland. This is one of seven North-South bodies that I audit jointly with my counterpart in Northern Ireland. This relates to 2020. The accounts were certified on 14 December 2021 but only presented on 2 August. Again, there is a delay there. The committee may wish to follow up and to seek an explanation.