Tom Shehan (Fine Gael) | Oireachtas source

As I understand it, there are actuaries working in the Department of Finance. Has an actuarial valuation of the national lottery been carried out? I ask that question based on the assumption that between €400 and €600 million will be achieved from the sale of the lease for 20 years. A turnover of €762 million with a net profit of €240 million does not add up. The Government hopes to put by €300 million from the sale of the licence for the national children's hospital. What will happen if the highest tender is €300 million? Much of the discussion thus far has been about bids from outside tenders. I am aware of an Irish consortium hoping to tender for it. I hope it will be successful; however, we have no power over that. The figures in respect of gross turnover and net profits do not add up. I have a 20-year lease, which includes a five-year rent review and a ten-year opt-out clause.