Mr. Leo Clancy:

Mr. Sherry will provide a more detailed view on that in a second. We are long-term investors. I think Mr. Sherry said this a few minutes ago. Some of the investments that are realising for us even in recent years were investments we made in the early 2000s, so we can be patient as to what are generally short- to medium-term economic cycles in the window of our investment. That is on our direct investments. I said to Deputy O'Connor a few minutes ago that I do not think the fundamental benefits of technology have gone away and I firmly believe it.