Mr. Stephen Mulvany:

That is the figure for obsolete stock. We have done a lot of work to try to make sure we have identified the slow-moving stock and we are using that quicker so we reduce the risk of further obsolescence, although we will never eliminate it. We have also lowered the cost of storage by moving more in-house and out of outsourced storage provision. As I said, it costs about €3 per pallet per week if it is external storage.