Marc Ó Cathasaigh (Waterford, Green Party)
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The figure of 3% is not bad out there in the market in terms of attracting interest. It was a better number than I was expecting. When one looks at the amount of money that has remained on deposit over the last, let us say, three years, when the rate of inflation has been so high, has the Department an estimation in real terms of how much that fund has depreciated by sitting there, against the rate of inflation? That is my concern. If we are only doing 3% with regard to the actual interest rate of inflation over that period, it means there is a substantial loss of value on the money that has been left to sit there, although I do not have a figure for it. Would that be correct?