I propose to take Questions Nos. 71, 75, 76, 80, 87, 104, 107, 161 and 169 together.
As the House is no doubt aware, the board of IFI decided on 15 October that, in the light of the financial position in which it found itself, the company would have to cease trading and that it was recommending to the shareholders that a liquidator be appointed. The board took this decision after both shareholders indicated that they were not in a position to continue supporting the company in the absence of a realistic viability plan. Unfortunately, the company was not able to produce such a plan and, instead, sought funding of €10 million to support a short-term survival plan. Even then, the board accepted that the level of funding sought might prove inadequate. The shareholders were concerned that even relatively small setbacks to the plan in the short term would inevitably result in further requests for support and could not see a basis for further injections to the company.