0:00
I was part of the last negotiations that we would be accommodated again if we needed to
0:05
go back to the minister and that's what has happened this morning.
0:07
I think the T-Shake reference in a few times just about the security of college and
0:12
that they have to look at us.
0:14
We're trying to tease out what we can get going forward with the volatility and the massive
0:21
As you see last night, the bombing last night, I haven't in the last hour seen the price
0:25
increase now because this meeting would like the dealers in Ireland, the London exchange
0:31
of last night through their hands there and they just couldn't cope with the volatility
0:35
and the spikes in the United States very hard to get to a balance and even a package to
0:43
us and which would reflect our increased cost.
0:46
There's many aspects to it, there's the renewed transfer fuel application, there's the
0:53
adders to come into fuel, there is the extra cost we have when tools and ferry charges, there's
1:03
the thing on ferry charges called the BAFT and that is taking the increase of fuel to
1:08
be in close to trading off the caravan and along boat turns out that's a 300 euro of
1:15
an excess and on charter journeys to the UK it's about 200, you have the charges that
1:21
were brought up last month in Dublin Port, you have the tools of their 50, so you have
1:24
a lot of extra costs and then you on top of that add blue which you use in our engines
1:30
now because that's a money-abased, they can't get fertilized or get the ammonia in from
1:34
the water on, that's rising rapidly, so we're teasing out that full menu of costs and
1:43
how we will get to some sort of, I suppose we're really about to call the times in getting
1:50
a scheme to accompany the increasing costs and to tie it to the period of time, to
1:58
hire it to the eligibility, a week euro, fart and clear of monthly basis to the action
2:05
cost, to be kind of fair to the state or to fit within all the rules that have in Europe
2:11
and still get to the figure, so it's a big menu on today, we certainly have put a lot
2:18
of thought into the department and the different other people, associates like Revenue as to
2:26
scheme, as to what we need and how we can do it, we certainly have put forward a set
2:34
of equations that can take forward to Europe, it would often encompass all of our client
2:41
to us, that has to be tensed out of us and two departments during the week, didn't take
2:46
an onward to Europe to see the calendar be loud, but you know, counter-teamers have just
2:51
changed their business and think in Europe this morning would be to look.
2:55
Well we certainly hope so and it is fair to say that even for the private motorists at
2:59
the moment, the biggest driving factor behind what you're paying at the pumps isn't the
3:04
conflict in Iran, it's still government taxation.
3:08
Well the biggest equation on food is the taxation, but the rise is the war and you know,
3:14
when you look at our figures and people might say, oh, why is the hall is on again, like
3:17
we are a contributor between 800 million and say with the coaches, the public comment
3:22
under this, to up towards a billion of taxation to the state every year.
3:27
We are a, you know, massive collector of taxation for the state and far from looking for
3:35
is minuscule in comparison to the totality of taxation we collect.
3:40
And also it's at a stage of we are trying not to go back to our customer.
3:46
We have surcharges in, we got a bit of relief the other day to just let us thread water.
3:51
It has gone way both there.
3:53
And just to keep our supply chain at a level that we can compete, it should cut down on
4:01
the upward spiral, the absolutely unrelenting upward spiral of cost to people of the last
4:06
There are individual costs of what to choose to purchase and what to don't choose to
4:11
I'm afraid we'll go up for another ride because of the war, but that we might cut back
4:14
and our ease the burden of the unrelenting rise of cost.
4:21
And with that then you, Gina, are you expecting another conversation with the Transport Minister
4:25
next week or some class of an update next week?
4:28
I'd say the next conversation would be teasing out the ceiling with officials.
4:33
We would prepare a paper over the weekend, put the nuts and bolts and put them from this
4:40
meeting the guidelines we've got as to where we're going with two or three different
4:43
scenarios put to them.
4:45
As I said, they've turned into a lot of categories before they can get anywhere.
4:49
I developed a lot of other people pulling out of them, but for us we have to try and
4:53
now that we have teased out some of the different scenarios that we may put, we must now put
5:01
logic to that, put the methods to it, put the totality of cost over a period, whichever
5:05
period of month, three months a year, to get that over the line in Europe, we need to get
5:11
over the line with the patterns.
5:13
We start that over the weekend.
5:15
We really put this or saying choose tomorrow and if not on Monday, sometimes I have a
5:20
sitting on the desk.
5:21
We expect to talk to them again by doing even a win tomorrow at the latest.
5:26
If that requires another tease out with the minister, we will be looking for it.
5:30
We want it on the table, on the discussion to choose by whichever day next week.
5:40
I'm sure there's ongoing discussions all the time now with this.
5:43
We need it next week on the table.
5:48
We're caught also by cash flow, you know, outcomes now are expecting payment before you
5:53
get your next delivery, even though you might have a 30 days or 60 days, you know, they don't
5:59
know how they come out.
6:00
So though they haven't caught your credit terms, you certainly, they are demanding their
6:05
checks that quicker.
6:06
That cuts cash flow into choke and businesses and we need to get this moving, the need and
6:14
the immediate need to business is this frightening, you know, that's a spread rule and external
6:22
fear, but for college businesses and the schemes we've put for trying to get a fair and
6:28
balanced, to the licentarny, to the tax compliant and pro-race to everybody's usage.
6:33
Now, there's a lot in that equation to bring that together.
6:37
I would say we have certainly, as I said, about two or three different scenarios to this
6:45
to partner today, we certainly have given them food for talks and we will certainly be
6:50
following up with a fairly quick way and pushing it.