Mr. Niall Cody:

Obviously, the lay-offs concern me. If it involves people losing their jobs that concerns me, but in the overall context and numbers, the figures do not concern me at this stage. If there is a downturn, one of the things I will consider is that it would probably bring tax receipts back to where they would have been, if some of the excesses of the past two years had not taken place. The figures just jumped up and it was probably intended for there to be more like that. I do not know how that comes across in the report.