The total amount paid to participants in the suckler welfare scheme to date amounts to almost €135 million. This scheme is a five-year scheme for beef animals born during the period, which commenced on 1 January 2008 and will end on 31 December 2012. The primary objectives of the scheme was to improve welfare standards in the sector and to assist in the establishment of a breeding database from which suckler farmers could identify the best breeding stock for their particular requirements. The scheme is fully funded by the Exchequer and a recent value for money audit has concluded that the scheme had met its objectives. Payments will continue to be made on 2012 born calves and those born in earlier years at current rates as they become eligible for payment. Any decision in relation to the future will be considered during the forthcoming budgetary process.